PA’s Act 13 Shale Law has Led to Huge Investments in the State
The Marcellus Shale Coalition, in a recent blog post, highlights Pennsylvania's Act 13 of 2012 as a landmark energy law demonstrating how a comprehensive regulatory framework can guide natural gas development and investment while delivering tangible community benefits. We were there to chronicle the debate and passage of this critically important law 14 years ago (see Gov. Corbett Signs New Marcellus Drilling Law). Central to the success of Act 13 is the Impact Fee, a unique production tax (rather than a severance tax) that has generated over $3 billion statewide, providing hundreds of millions annually to local governments. These funds support diverse projects, including road improvements, water infrastructure upgrades, emergency services, and economic development, particularly crucial for rural areas.To view this content, log into your member account. (Not a member? Join Today!)
