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Wolf signs hastily passed $2 billion tax package that encourages natural gas production in Pa.

By Soapbox Group
November 4, 2022
  • Pennsylvania
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By: Stephen Caruso

HARRISBURG — Gov. Tom Wolf has signed a $2 billion tax credit package for the hydrogen production, milk processing, and biomedical research industries into law, capping months of quiet negotiations between the Democrat and top Republicans in the General Assembly.

Ninety cents out of each dollar offered will be used to encourage the use of natural gas, including $1 billion in tax incentives to attract a new “hydrogen hub” to Pennsylvania.

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Gov. Tom Wolf, hydrogen production, natural gas production, tax package
Soapbox Group

About Soapbox Group

Our national team includes lawyers and professionals with experience in federal, state and local government with specialists in public policy, law, business, and public affairs. We help clients to anticipate, mitigate, and leverage matters of government through innovative, holistic public policy and regulation strategies.

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