Share:
House Co-Sponsorship Memoranda
House of Representatives
Session of 2013 - 2014
Regular Session
MEMORANDUM
| Posted: | January 17, 2013 02:23 PM |
|---|---|
| From: | Representative Jeffrey P. Pyle |
| To: | All House members |
| Subject: | PA Coal & Air Quality Improvement Tax Credit Act |
| I plan to re-introduce former House Bill 880, 2011-2012, the Pennsylvania Coal and Air Quality Improvement Tax Credit Act. This legislation will provide a $3.00 per ton tax credit on coal mined from deposits in or waste coal recovered from within the Commonwealth. In order to qualify for the tax credit the coal or waste coal must be delivered to a coal-fired electric generation station that has installed the required pollution control equipment. The maximum credit allowed per year shall be limited to $30 million. In addition, the program will sunset in 2015 unless reauthorized by the General Assembly. The coal industry continues to be an important component of Pennsylvania’s economy, providing over 74,000 direct and indirect jobs. A study completed by the Western Economic Analysis Center reported that coal mining had an $11.4 billion combined impact on the state’s economy. I feel this legislation, which mirrors legislation in surrounding states, will expedite the installation of pollution control devices to greatly reduce existing emissions of nitrogen oxide, sulfur dioxide and mercury and vastly improve our air quality. Passage of this legislation will also protect jobs in the minerals industries AND protect consumers from dramatic electric rate hikes. Thank you in advance for your consideration. (Previous cosponsors were: ADOLPH, BAKER, BENNINGHOFF, BOYD, CAUSER, CLYMER, CUTLER, DENLINGER, ELLIS, EVERETT, FABRIZIO, FLECK, GABLER, GEIST, GROVE, HARHART, HARPER, HENNESSEY, HESS, HUTCHINSON, KNOWLES, LONGIETTI, MARSICO, METZGAR, MOUL, MURT, OBERLANDER, PICKETT, RAPP, READSHAW, REED, REICHLEY, ROAE, ROCK, SONNEY, STERN, STEVENSON AND VULAKOVICH.) |