Coal Royalty Fairness and Communities Investment Act of 2018

Summary

Coal Royalty Fairness and Communities Investment Act of 2018 This bill addresses coal royalties and the economic vitality of coal communities, including by (1) requiring the coal lease royalty to be at least 12.5% of the assessment value of federal coal (currently, 12.5% of the value as defined by regulation); (2) establishing the Coal Area Economic Revitalization Fund; (3) providing grant assistance to impacted communities for economic and workforce development programs; (4) providing financial assistance for the design, construction, and operation of large-scale projects to capture and store carbon dioxide emissions from industrial sources; and (5) providing technical assistance and educational outreach to impacted communities.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 13 September 2018

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 13 September 2018

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 13 September 2018

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.