State Rep. Hagan announces shale severance tax model - WFMJ.com News weather sports for Youngstown-Warren Ohio

State Rep. Hagan announces shale severance tax model

Posted: Updated:

COLUMBUS, Ohio - State Representative Bob Hagan announces his plan to capitalize on shale drilling by using an updated severance tax model.

The severance tax would invest in communities through resources for public education, infrastructure and community services.

House Bill 2-12 would enact a 7.5 severance tax on oil and natural gas extracted from fracking.

It could bring the state of Ohio almost $400 million next year alone.

Powered by Frankly
All content © Copyright 2000 - 2017 WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms