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H.R. 4435

BillFederalHouseIn Committee
Coal Cleanup Taxpayer Protection Act of 2019
About This Bill
Committee
Latest Action · September 24, 2019
Subcommittee Hearings Held.
Congress
116th (2019–2021)
Introduced
September 20, 2019
Cosponsors (13)
13D 0R
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Summary

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Coal Cleanup Taxpayer Protection Act of 2019 This bill addresses bonding programs with regard to surface coal mining operations.. Specifically, the bill prohibits the Office of Surface Mining and Reclamation Enforcement (OSMRE) and state regulatory authorities from accepting new self-bonds for coal reclamation, requires any existing self-bonds or corporate bonds utilized for coal reclamation to be converted to surety or collateral bonds, authorizes the OSMRE to 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, and directs the OSMRE to issue rules establishing limitations on surety bonds to minimize the financial liability to the federal or state government.

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