Governor Tom Wolf has announced plans to introduce the Education Reinvestment Act, which, if passed, will go into effect on January 1, 2016. The majority of the estimated $1 billion revenue will be reinvested in Pennsylvania's public school system, where past cuts have negatively impacted many schools. The funds will also be used to reinvest in environmental and regulatory programs overseeing the natural gas industry. The Governor stated that the Act is modeled after neighboring West Virginia's severance tax. Texas, West Virginia, and Oklahoma have already imposed severance taxes on the natural gas industries operating within their borders.