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Pennsylvania Natural Gas Bill Worth $667 Million in Tax Breaks

July 15, 2020, 10:05 PM

Pennsylvania manufacturers using dry natural gas to make petrochemicals and fertilizers would be eligible for nearly $667 million in tax breaks over 25 years, under a bipartisan bill sent Wednesday to Pennsylvania Gov. Tom Wolf.

The measure (HB 732), a compromise version forged after Wolf vetoed a similar measure in March, is aimed at encouraging industries that use dry natural gas in manufacturing to locate in the state. Pennsylvania is a leading producer of dry natural gas, which is extracted through the controversial practice of hydraulic fracturing, also known as fracking.