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Pa. Marcellus Shale Impact Fee Makes $14M Available
HARRISBURG, Pa. -- The Commonwealth Financing Authority has begun accepting applications for five programs established by the Act 13 Marcellus Legacy Fund to support conservation projects and environmental protection measures. The new programs provide $14 million for abandoned mine drainage, abatement and treatment, watershed restoration and protection, water quality data, greenways, trails and recreation, and orphan and abandoned well plugging programs in the state.
Act 13, signed into law n Feb. 14, 2012, created an impact fee based on wells drilled in Pennsylvania. Last year, the fee generated more than $204 million. The majority of the revenues are distributed to local governments where drilling occurs, with the remainder used for statewide programs or distributed to counties based on population. "Act 13 funding directed to the CFA will provide important resources to local governments and state regulatory agencies to address environmental impacts," said C. Alan Walker, secretary of the Pennsylvania Department of Community and Economic Development.
The $14 million in CFA funding is in addition to $10.9 million in impact fee funding for conservation and recreation programs that has already been distributed to counties, as well as $7.2 million to the state's Growing Greener fund, Walker said.
Published by The Business Journal, Youngstown, Ohio.
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