The Latest: Pennsylvania Senate approves new, higher taxes

HARRISBURG, Pa. (AP) – The Latest on the Pennsylvania Senate’s consideration of a plan to close a $2 billion budget gap (all times local):

11:15 a.m.

The Pennsylvania Senate has passed legislation to balance the state budget that includes heavy borrowing and some tax increases.

Under the plan, consumers’ utility bills would go up, Marcellus Shale drillers would pay a severance tax and Pennsylvania would make a new effort to capture tax revenue from internet sales.

Republicans who control the chamber unveiled their plan to close a $2.2 billion hole in the $32 billion state budget late Wednesday. It includes a proposal to borrow $1.3 billion against Pennsylvania’s annual share of the 1998 multistate settlement with tobacco companies.

The legislation passed 26-24. It drew the support of Democratic Gov. Tom Wolf, but could run into trouble in the tax-averse House.

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10:25 a.m.

The Pennsylvania Senate is back in session, weighing a plan for balancing the state budget that includes heavy borrowing and some tax increases.

Under the plan, consumers’ utility bills would go up, Marcellus Shale drillers would pay a tax they’ve long resisted and Pennsylvania would make a new effort to capture tax revenue from internet sales.

Republicans who control the chamber unveiled their plan to close a $2 billion hole in the $32 billion state budget late Wednesday. It includes a proposal to borrow $1.3 billion against Pennsylvania’s annual share of the 1998 multistate settlement with tobacco companies.

The legislation cleared a key committee late Wednesday.

The bill is drawing the support of Democratic Gov. Tom Wolf, but it could run into trouble in the tax-averse House.

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1 a.m.

Consumers’ utility bills would go up, Marcellus Shale drillers would pay a tax they’ve long resisted and Pennsylvania would make a new effort to capture tax revenue from internet sales under legislation poised for a vote in the state Senate.

Republicans who control the chamber unveiled their plan to close a $2 billion hole in the $32 billion state budget late Wednesday, including a proposal to borrow $1.3 billion against Pennsylvania’s annual share of the 1998 multistate settlement with tobacco companies.

The legislation cleared a key committee late Wednesday. The full Senate will vote on it Thursday.

The bill is drawing the support of Democratic Gov. Tom Wolf, but it could run into trouble in the tax-averse House.

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