Is PA’s Act 13 Law on Last Legs with Passage of PA Budget?

It’s early days yet–but here’s a developing and potentially disturbing story for drillers (and landowners, and supply chain companies) in Pennsylvania. As MDN reported, last week PA Gov. Tom Corbett signed a $29.1 billion budget bill (see PA Budget Signed by Gov. Corbett – No Severance Tax This Year). The good news is there will be no jobs-and-drilling killing severance tax–this year. The bad news is that regulations that should have been standalone–to separate conventional and unconventional drilling–were slipped into the budget bill. Why is that bad? Because, as StateImpact Pennsylvania is reporting, it may lead to the total gutting of the Act 13 law…

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