More than $1.26 million Marcellus Shale impact fee revenue will be distributed to Centre Counties and municipalities within the county, according to State Jake Corman (R-34)
Corman, who supported the Marcellus Shale Impact Fee legislation, said more than $198 million in revenue was generated statewide in 2012 by the impact fee. Over the past eight months, more than $400 million has been generated.
“This funding will help to protect our environment, promote public safety and improve our roads and bridges,” Corman said. “I’m pleased that this growing industry is generating both jobs and additional revenue for our area”
Under the Marcellus Shale Impact Fee, Act 13 of 2012 , the Public Utility Commission will be responsible for the collection and distribution of impact fees.
Background on Act 13 Revenue Distribution
The impact fee legislation requires that approximately $25.5 million of the annual revenue go to state agencies to offset the statewide impact of drilling. These agencies include the State Conservation Commission, County Conservation Districts, PA Fish & Boat Commission, PA Emergency Management Agency, Office of State Fire Commissioners, PA Department of Transportation, Natural Gas Energy Development, Housing Affordability & Rehab Enforcement Fund, PUC and DEP.
The residual revenue will be distributed with 60 percent of the remaining funds being sent to counties and municipalities where drilling takes place. Counties and municipalities may utilize the funds in several ways, including for roadways, public safety, environmental programs, agriculture preservation and career and technical job training.
The remaining 40 percent is placed into the Marcellus Legacy Fund which serves as funding for statewide initiatives with local impacts. The Marcellus Legacy Fund includes the Commonwealth Financing Authority, Environmental Stewardship Fund, Highway Bridge Improvement Fund, PENNVEST and H2O Program and the Department of Community & Economic Development.
The PUC is required to distribute the collected impact fee revenue for 2012 to counties and municipalities by July 1, 2013. More information regarding the Act 13 revenue collections can be found on the new PUC interactive website.