Tuesday, February 4, 2020

Senate, House Take Final Action On Bill Providing Unlimited Subsidies To Industries Using Natural Gas In Manufacturing; Governor Set To Veto

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.
[Posted: February 4, 2020]  PA Environment Digest

No comments:

Post a Comment