Petrochemical tax break bill speeds through Senate

HARRISBURG, Pa. (AP) — New legislation to extend millions of dollars in tax breaks to turn natural gas into fertilizer and other chemicals won approval in Pennsylvania’s Senate on Monday, hours after the measure emerged from closed-door negotiations between Gov. Tom Wolf and top Republican lawmakers. The bill passed, 40-9, on Monday and will go to the House, which overwhelmingly approved a similar version before Wolf vetoed it earlier this year. The tax credit legislation had high-profile support from the Pennsylvania Manufacturers Association, the state’s huge natural gas industry and the building trades unions, traditional Democratic allies that are a growing force for gas industry projects. Senators say they expect Wolf to sign this new legislation.

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