Over the last two weeks of session, the Pennsylvania House of Representatives has held a spirited debate on HB 1401, legislation that would provide for a natural gas severance tax. The bill has yet to receive its second vote as the entire second consideration has been consumed with the debate of over 350 potential amendments…

Pennsylvania’s State Treasurer authorized another line of credit to the Pennsylvania General Fund. Treasurer Joe Torsella enabled a $1.8 billion line of credit from the Treasury's Short Term Investment Pool (STIP) to help the Commonwealth's spending while the recently agreed to revenue comes into the General Fund. Last month, Torsella indicated he would not continue to loan…