Coal Cleanup Taxpayer Protection Act of 2026
Rep. Lee Introduces Bill to End Self-Bonding and Make Coal Companies Pay for Mine Cleanups
This bill was recently introduced and is currently being reviewed by the House Committee on Natural Resources. It is in the early stages of the legislative process and is considered active. There are no upcoming votes or hearings scheduled at this time.
Legislative Progress
This bill faces a tough path because it lacks support from the opposite party and would likely be opposed by the coal mining industry.
Key Points
Impact Analysis
Personal Impact
Small and mid-sized coal mining operators would face significantly higher costs to secure acceptable bonds. Self-bonding was a cheaper option for companies that could demonstrate financial strength, and eliminating it forces smaller operators to purchase surety bonds or tie up cash as collateral, which could be financially difficult or even prohibitive for some companies.
State Impacts
Milestones
Referred to the House Committee on Natural Resources.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
Coal Cleanup Taxpayer Protection Act of 2026
Data Sources
Sponsor
Cosponsors
(2)Analysis generated by AI. Always verify with official sources.