Pennsylvania House Bill HB391

Pennsylvania 2023-2024 Regular Session

• Introduced: 3/14/23
• Refer: 3/14/23

Caption

Repealing the act of May 11, 1921 (P.L.479, No.225), entitled "An act imposing a State tax on anthracite coal; providing for the assessment and collection thereof; and providing penalties for the violation of this act."

Impact

The repeal of the anthracite coal tax would have significant implications for state laws pertaining to the mining industry. It may lead to increased production and job growth in the coal sector, as companies might find it more financially feasible to operate without the additional tax liabilities. Additionally, this change could impact state revenues, as the tax contributes to the state's income. The long-term effects would need careful consideration in terms of economic sustainability and environmental impacts associated with coal production.

Summary

House Bill 391 aims to repeal a state tax that has been imposed on anthracite coal since its establishment on May 11, 1921. The bill represents an effort to eliminate what supporters view as an outdated financial burden on the mining industry. By repealing this tax, the bill seeks to relieve coal producers from an obligation that may hinder their competitiveness and ability to innovate, especially in a changing energy marketplace that increasingly favors alternative energy sources.

Sentiment

The sentiment surrounding HB391 appears to be supportive among coal industry stakeholders and certain lawmakers who advocate for reducing taxes to stimulate economic growth. On the other hand, opponents may raise concerns regarding potential health and environmental issues related to increased coal production. As a result, discussions around the bill may highlight the tension between economic development and environmental sustainability.

Contention

Notable points of contention include the argument that repealing the state tax could signify a shift in support towards fossil fuels at a time when there is a broader push for cleaner energy sources. Critics of the bill may argue that it undermines efforts to transition to more sustainable energy practices, while supporters may contend that maintaining a competitive stance for the coal industry is essential for job creation and economic health in affected regions.