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Higher Coal Royalties and Support for Mining Communities

This act changes how royalties for coal extracted from federal lands are calculated, increasing them to at least 12.5%. A portion of these additional funds will go into a fund to support communities affected by changes in the coal industry, helping them create new jobs and foster economic development.
Key points
Increases the minimum royalty rate for coal extracted from federal lands to 12.5% of the sale value.
Establishes a Coal Area Economic Revitalization Fund, funded with $75 million annually from coal royalties.
The fund will support economic development programs, workforce training, and carbon capture projects in communities impacted by the decline of coal.
Introduces regular audits and public reporting of coal price data to ensure transparency and fairness in the royalty system.
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Additional Information
Print number: 117_HR_4799
Sponsor: Rep. Cartwright, Matt [D-PA-8]
Process start date: 2021-07-29