By GREG MASTERS Capital News Service | 0 comments
ANNAPOLIS Maryland lawmakers are starting to debate how much "severance tax" should be imposed on the natural gas that might be produced from the Marcellus Shale rock formation in Western Maryland.
Though it is not clear when, or even whether, Maryland will allow drilling in the Marcellus Shale using the controversial gas extraction method known as hydraulic fracturing, or "fracking," an advisory commission created by Gov. Martin O'Malley to develop recommendations is already considering potential sources of revenue for the state from natural gas production.
Garrett County would impose a 5.5 percent county tax.
More here.
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