On February 14, 2012, Governor Tom Corbett signed into law H.B. 1950, the new Marcellus Shale law. The new law, Act 13 of 2012, will completely update the regulatory system associated with oil and gas drilling, establish a drilling impact fee and will largely supersede and preempt local regulation of oil and gas drilling and related activities. For Saul Ewing’s analysis of the new law, click here.
In a news release from Governor Corbett’s Office, the Governor was quoted as saying:
“This growing industry will provide new career opportunities that will give our children a reason to stay here in Pennsylvania. Thanks to this legislation, this natural resource will safely and fairly fuel our generating plants and heat our homes while creating jobs and powering our state’s economic engine for generations to come.”
The provisions of Act 13, that allow counties to adopt ordinances imposing impact fees go into effect immediately. The remainder of the law, including new regulatory standards and preemption, go into effect 60 days following the signing of the Act into law. For a copy of Act 13, click here.