Coal Royalty Fairness and Communities Investment Act of 2021
Summary
Coal Royalty Fairness and Communities Investment Act of 2021 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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jul 2021
Committee Review
Floor Vote
President
Introduced Jul 29, 2021
Last action Jun 9, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
1
Committee
4
Jun 9, 2022
Lower · Passed
Subcommittee Hearings Held.
lower
Aug 14, 2021
Committee
Referred to the Subcommittee on Energy and Mineral Resources.
lower
Jul 30, 2021
Committee
Referred to the Subcommittee on Energy.
lower
Jul 29, 2021
Committee
Referred to the Committee on Natural Resources, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
lower
Jul 29, 2021
Introduced
Introduced in House
lower
1 primary · 4 co-sponsors
Sponsors
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