State Rep. Hagan announces shale severance tax model - 21 News Now, More Local News for Youngstown, Ohio -

State Rep. Hagan announces shale severance tax model

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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.

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