Post Session Report: February 7, 2012

SB 1237, PN 1918 (Pileggi) – This bill amends the Keystone Opportunity Zone, Keystone Opportunity Expansion Zone and Keystone Opportunity Improvement Zone to allow designation of any unused Keystone Opportunity Expansion Zones and extends tax exemptions to any parcel of land adjacent to a current Keystone Opportunity Zone (KOZ) if it will create at least 200 new jobs.  The Senate concurred in House amendments by a vote of 49-1.

HB 1950, PN 3048 (Ellis) – This bill amends Title 58 (Oil and Gas), pertaining to Marcellus Shale gas drilling.  The Senate adopted a conference committee report on HB 1950 by a vote of 31-19.