Wolf backs Pa. lawmakers working to create natural gas tax legislation

Justin Udo
April 30, 2018 - 9:12 pm
Gov. Tom Wolf

Rich Barnes/USA Today Sports

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PHILADELPHIA (KYW Newsradio) -- On Monday, Pennsylvania Gov. Tom Wolf and several other state lawmakers from both sides of the aisle announced that they are working together on a Shale Tax for the state.

"I'm proud to stand here with this bipartisan coalition to announce the introduction of legislation that will create a reasonable, common sense severance tax here in Pennsylvania," Wolf said.

According to the governor, Pennsylvania is the only gas-producing state in the country without a severance tax.

"And if we don't act now, Pennsylvanians will lose out on hundreds of millions of dollars more," he said.

He says the proposed tax is in line with what's seen in Louisiana, Texas and Arkansas.

"It's far past time that Pennsylvanians stop allowing our commonwealth to be the only state on the losing end of the energy economy," he said.

Wolf says revenue from the tax will be used to fix roads and bridges, invest in schools and pay down state debt.