House Finance Committee Meets June 11 On 2 Energize PA Natural Gas Use Subsidy Bills

The House Finance Committee is scheduled to meet on June 11 to consider 2 of the 8 bills making up the House Republican Energize PA natural gas use subsidy bills.  The bills include--

-- Natural Gas Use In Manufacturing Tax Credit: House Bill 1100 (Kaufer-R-Luzerne) establishes the Energy And Fertilizer Manufacturing Tax Credit to subsidize the use of methane in the production of ammonia, urea and methanol at the rate of 5 cents per gallon of qualified product.  There is no limit on the total tax credits that could be granted (sponsor summary); and

-- Pipeline Investment Program Grants: House Bill 1103 (Fritz-R-Susquehanna) provides grants to extend “last mile” natural gas service to large residential conversion and combined  heat and power projects under the existing Commonwealth Financing Authority PIPE Program (sponsor summary).

The meeting will be held in Room B-31 of the Main Capitol starting at 9:00 a.m. Click Here to watch the meeting online.

Rep. Michael Peifer (R-Pike) serves as Majority Chair of the House Finance Committee and can be contacted by calling 717-787-2037 or send email to: mpeifer@pahousegop.com.    Rep. Jake Wheatley (D-Allegheny) serves as Minority Chair and can be contacted by calling 717-783-3783 or sending email to: jwheatley@pahouse.net.

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