H.R. 7940, titled the "Coal Cleanup Taxpayer Protection Act of 2024," aims to amend the Surface Mining Control and Reclamation Act of 1977. The bill seeks to protect taxpayers from financial liability tied to the reclamation of surface coal mining sites. It permits the Secretary to approve...
Simple Explanation
The bill wants to make sure that people don't have to pay extra money when cleaning up old coal mining places. It makes some new rules about how companies pay for cleaning up these sites, like no longer letting them use their own money promises, and changing how they can use other things as a guarantee for cleanup.