Towns want in on natural gas profits

NORWICH – The Smyrna town board has piggybacked on a resolution passed in the neighboring Town of Lebanon that calls for an enhancement tax on natural gas sales from local production.

Town Supervisor James B. Bays said Tuesday that his board unanimously voted Feb. 13 to request that the state legislature grant it the authority to tax gas company revenues directly. Lebanon, located in Madison County, passed the same measure Feb. 12.

Both town supervisors plan next to seek approval from state representatives to introduce the measure in the state Assembly and Senate. Bays said Lebanon Supervisor James Goldstein had already garnered the support of Assemblyman William Magee. And, after recent conversations with Senator James Seward, Bays said he “was reasonably confident” that Seward would sponsor the legislation in the Senate.

There's more to this story! You're only seeing 26% of the story. Subscribe now to get immediate access to the rest of the story as well as our whole online offering.

Today's Other Stories

© 2018 Snyder Communications/The Evening Sun
29 Lackawanna Avenue, Norwich, NY 13815 - (607) 334-3276
Create an Account Forgot Password Help
pennysaver logo greatgetaways logo
We're on Facebook