On February 4, the Senate and House took final action on House Bill 1100 (Kaufer-R-Luzerne) which would provide unlimited taxpayer-funded subsidies for natural gas use in manufacturing through a new tax credit.  The bill now goes to the Governor.

The Senate amended the bill to cut in half the investment a company would need to make and cut the number of jobs a company would have to create to qualify for the tax credit subsidy.

The Senate also changed the subsidy for the use of natural gas from 5 cents per gallon to 46 cents per unit of MCF (thousand cubic feet) of natural gas.

This bill is part of the House Republican EnergizePA natural gas subsidy package.

Gov. Wolf said he plans to veto the bill saying these kinds of projects should be evaluated on a specific case-by-case basis.

NewsClips:

Katie Meyer: Some Lawmakers Think They Can Override Wolf’s Veto Of Bill Giving Unlimited Subsidies For Using Natural Gas In Manufacturing

AP- Mark Scolforo: Gov. Wolf Plans To Veto Natural Gas Manufacturing Subsidy Tax Credit

Editorial: Republicans Say No Severance Tax, But Give Natural Gas More Subsidies

Lawmakers Send Natural Gas Use Tax Credit Bill To Wolf Who’s Promised Veto

Outgoing Speaker Turzai Proud Unlimited Natural Gas Subsidy Bill Going To Governor’s Desk

Laura Legere: Legislature Approves Natural Gas Tax Credit To Lure Petrochemical Makers To PA

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[Posted: February 4, 2020]

2/10/2020