tax credit

Pennsylvania Governor OKs Act Adding $80M Annually in Tax Credits for Natural Gas, Hydrogen Purchases

Pennsylvania Governor OKs Act Adding $80M Annually in Tax Credits for Natural Gas, Hydrogen Purchases

Pennsylvania Gov. Tom Wolf, a Democrat in the second-largest U.S. natural gas-producing state, approved an act boosting tax credits for natural gas use by billions over decades.  Act 108, enacted from House Bill (HB) 1059 and dubbed the Pennsylvania Economic Development for a Growing Economy (PA EDGE), amends the Keystone State’s tax code to bring…

November 14, 2022