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Coal Surface Mining Reclamation Fund; surface mining pool bond fees. Amends various provisions under the Coal Surface Mining Reclamation Fund, including a requirement for the Director of the Department of Energy to assess market conditions no less than biannually to set the rate of reclamation tax based on the (i) most recent price per ton of metallurgical coal exports as reported by the U.S. Energy Information Administration or (ii) local market conditions provided by the industry representatives currently serving on the Coal Surface Mine Reclamation Fund Advisory Board. The bill also changes the entrance fee for coal surface mining operators participating in the pool fund.
Introduced
Jan 23, 2026
Last Action
Feb 10, 2026
Session
VA 2026
Sponsors
1 primary · 0 co
Passed by indefinitely in Finance and Appropriations (9-Y 6-N)
Reported from Agriculture, Conservation and Natural Resources and rereferred to Finance and Appropriations (13-Y 0-N)
Fiscal Impact Statement from Department of Planning and Budget (SB825)
Presented and ordered printed 26104708D
Referred to Committee on Agriculture, Conservation and Natural Resources
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Passed by indefinitely in Finance and Appropriations (9-Y 6-N)
T. Travis Hackworth