Watch CBS News

Wolf To Unveil Natural Gas Severance Tax Proposal

THORNDALE, Pa. (AP) — Gov. Tom Wolf will kick off a statewide "Schools that Teach Tour" and outline a forthcoming proposal to the Legislature to increase taxes on Pennsylvania's natural gas industry to help boost aid to public schools.

Wolf, a Democrat, will appear Wednesday at Caln Elementary School in Thorndale, about 30 miles west of Philadelphia.

Wolf pledged during his campaign for governor to impose a 5 percent severance to help wipe out cuts in public school aid under his predecessor, Republican Tom Corbett.

Under Corbett, lawmakers approved a per-well fee that critics say is tantamount to a 1 or 2 percent tax rate, among the lowest imposed by major natural gas producing states. About 60 percent of that money goes to local governments in drilling regions.

The industry opposes a tax increase.

(Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.