Energy and Mineral Resources Subcommittee, Natural Resources Committee
Introduced
In Committee
On Floor
Passed Chamber
Enacted
Coal Cleanup Taxpayer Protection Act This bill amends the Surface Mining Control and Reclamation Act to prohibit the Office of Surface Mining and Reclamation Enforcement (OSMRE) and state regulatory authorities from accepting new self-bonds for coal reclamation. Additionally, any existing self-bonds or corporate bonds utilized for coal reclamation must be converted to surety or collateral bonds. The OSMRE may approve state or federal alternative coal mining bond programs that result in no greater risk of financial liability to the federal government than a surety or collateral bond program. The bill also requires the OSMRE to issue rules establishing limitations on surety bonds to minimize the financial liability to the federal or state government.
CoalCorporate finance and managementEnvironmental regulatory proceduresGovernment liabilityLand use and conservationMiningPollution liabilitySolid waste and recyclingState and local government operationsWages and earnings
To protect taxpayers from liability associated with the reclamation of surface coal mining operations, and for other purposes.
USA115th CongressHR-1819| House
| Updated: 4/11/2017
Coal Cleanup Taxpayer Protection Act This bill amends the Surface Mining Control and Reclamation Act to prohibit the Office of Surface Mining and Reclamation Enforcement (OSMRE) and state regulatory authorities from accepting new self-bonds for coal reclamation. Additionally, any existing self-bonds or corporate bonds utilized for coal reclamation must be converted to surety or collateral bonds. The OSMRE may approve state or federal alternative coal mining bond programs that result in no greater risk of financial liability to the federal government than a surety or collateral bond program. The bill also requires the OSMRE to issue rules establishing limitations on surety bonds to minimize the financial liability to the federal or state government.
CoalCorporate finance and managementEnvironmental regulatory proceduresGovernment liabilityLand use and conservationMiningPollution liabilitySolid waste and recyclingState and local government operationsWages and earnings