Pennsylvania Business Report
Pennsylvania will see nearly 50 percent higher impact fees, agency says
Projections from the Independent Fiscal Office indicate that Pennsylvania’s annual revenue from the impact fee on natural gas drilling will be nearly 50 percent higher this year. With the average natural gas price higher than anticipated, impact fees have increased as well, the IFO said. The agency expects about $243.9 million in impact fees, an increase of 48 percent over the $164.6 million collected for 2024. IFO said the fees are the highest they’ve been since 2022 when impact fees re...
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