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Coal Royalty Fairness and Communities Investment Act of 2021

Introduced: July 29, 2021 See on congress.gov
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 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 9, 2022
Subcommittee Hearings Held.
Aug 14, 2021
Referred to the Subcommittee on Energy and Mineral Resources.
Jul 30, 2021
Referred to the Subcommittee on Energy.
Jul 29, 2021
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.
Jul 29, 2021
Introduced in House
 Plain-English summary Congressional Research Service

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.

What's happening now June 9, 2022

Subcommittee Hearings Held.

 Committees of jurisdiction 4
 Cosponsors 2
All 2 Democratic 2