What is the official ID of this bill?
The official print number for this legislation is HR 5821.
Support for Fossil Fuel Workers: New Benefits and Assistance
This act establishes a new office within the Department of the Treasury to support workers losing jobs due to the clean energy transition. Employees from closing coal mines and fossil-fuel plants may receive financial aid, health insurance, retirement, and educational support. The goal is to ease the impact of these changes on affected individuals.
Key points
A new office within the Department of the Treasury will manage support programs for fossil fuel sector workers.
Affected employees from closing mines or plants may receive financial benefits to supplement their income to pre-termination levels for 5 years.
Health insurance premium support will be provided for 5 years, including COBRA continuation or assistance for new coverage.
Workers will receive support for retirement plan contributions, matching previous employer contributions.
Educational benefits, similar to those for veterans, will be available for workers and their children for public in-state institutions or vocational schools.
Companies hiring former fossil fuel sector workers will receive priority for clean energy grants.
Status:
Expired
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