Referred to the House Committee on Natural Resources.
Summary
The bill changes the Surface Mining Control and Reclamation Act to prevent the federal government and states from being on the hook for reclamation costs if mining companies default on bonds. It bans the use of self‑bonds, requires stricter surety‑bond limits, and sets new collateral rules. The changes aim to ensure that reclamation funding is reliable and does not burden taxpayers.
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