PA State Law Prevents PennEast Pipeline from Paying Property Tax

If you live in New Jersey and you live in a county or township where the PennEast Pipeline will be built, you’re in for a treat: You get a shot of extra revenue every year for the town/county budget in the form of real estate taxes (often referred to as property taxes). PennEast figures Hunterdon County, NJ will see something like $1 million per year in tax revenue from the pipeline. But just over the border in Pennsylvania it’s a different story. In PA natural gas pipelines are not considered “real estate” but instead equipment, and therefore pipelines are not taxed…

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