PA PUC Distributes $252M from Impact Tax – Highest Ever!

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Each June the Pennsylvania Public Utility Commission (PUC), the agency charged with keeping tabs on impact fee revenue from shale drillers (PA’s version of a severance tax) releases the final numbers of impact fee revenues and disbursements for the prior calendar year. Yesterday was the appointed day for 2018 fee revenue generated. The PUC reports impact fees on natural gas producers in 2018 totaled $242,964,000–the highest-ever yearly amount of revenue generated since the fee/tax was implemented in 2011. If you add in another $8,866,900 disbursed after a court case was settled about “stripper wells,” the total that was disbursed this year amounts to a whopping $251,830,900–a quarter of a billion dollars!

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