This bill updates rules for mining companies to ensure they have enough money set aside to restore land after mining. It aims to protect the environment and public funds by making sure reclamation costs are covered.
If you live near a coal mine, this bill helps ensure that the land will be restored after mining ends.
Who this affects
Mining companies · Communities near mining sites
What changes is this bill making?
1This bill requires mining companies to provide bonds to cover land reclamation costs.
2The bond amount will consider factors like inflation and the difficulty of restoring the land.
3It adjusts bond amounts when permits change hands or when reclamation costs change.
4The bill ensures that mining companies remain responsible for land restoration even after selling permits.
5It sets a minimum bond amount that will increase with inflation.
