Final House vote: 104-94, with 12 Republicans in support, nine Democrats oppose
SEPTEMBER 29, 2010 | by ERIC BOEHM
The state House of Representatives voted Wednesday night to pass a severance tax bill including the nation’s highest tax rate on natural gas extraction.
The bill’s passage in the House comes only two days before the self-imposed deadline of Oct.1, which was part of an agreement reached by the four legislative caucuses and the governor in June when the state budget was passed. Having the bill on the governor’s desk before the deadline is far from likely because Senate Republican leadership said earlier in the day it has no interest in the provisions of the House bill.
After two days of floor debate, the final vote on the severance tax bill was 104-94, with 12 Republicans breaking ranks to support the bill and a group of nine Democrats voting against the measure. Click here to read more.
Auditor General Projects $5 Billion Deficit for 2011-2012
Cites loss of stimulus funds, pension costs, funds owed to federal government
SEPTEMBER 29, 2010 | by DARWYYN DEYO
Pennsylvania is heading toward a $5 billion "fiscal crisis," according to Auditor General Jack Wagner.
The Office of the Auditor General Wednesday released a statement estimating the state will face the $5 billion deficit in fiscal year 2011-2012 through a combined loss of $2.5 billion in federal stimulus funds and $3 billion in unemployment payments owed to the federal government. The state also faces an increase of at least $800 million in rising government employee pension costs.
"Pennsylvania’s budgetary woes are far from over," Mr. Wagner said in the release. "In fact, they will get worse before they get better." Click here to read more.
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Lawmakers Want To Lead By Example On Pension Reform | September 30, 2010
Biggest Difficulty Regulation and Standards, Teachers Say | September 30, 2010
Severance Tax Passes House, Going Nowhere in Senate | September 29, 2010
Auditor General Projects $5 Billion Deficit for 2011-2012 | September 29, 2010
With First Debate In Rear Window, Gubernatorial Race Heats Up | September 29, 2010
Controversial Jury Awards Amendment Fails, Rest of Bill Passes | September 29, 2010
Facing Severance Tax, Industry Stands Opposed | September 28, 2010
Senate Unlikely To Support House Severance Tax Plan | September 28, 2010
Amendment Redistributes Severance Tax Revenue | September 28, 2010
Economic Issues Take Center Stage At First Gubernatorial Debate | September 27, 2010
Toomey Faces Ted Koppel In Place of Joe Sestak at Debate | September 27, 2010
Severance Tax Goes To House Floor For Tuesday Vote | September 27, 2010
Onorato Focuses on Business Climate, Growth of Marcellus Shale Industry | September 27, 2010
PA Independent Gubernatorial Debate Live Blog | September 27, 2010
With Our Powers Combined, DRPA Reforms Could Be Possible | September 24, 2010
Lawsuit: Political Patronage Is Lifeblood Of PA Turnpike Commission | September 24, 2010
Governor Wants Severance Tax Passed, Even After Election | September 24, 2010
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