Mineral mining; bonding program, reclamation. (HB1169)

Introduced By

Sen. Todd E. Pillion (R-Abingdon)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Mineral mining; bonding program; reclamation. Grants the Commonwealth a lien on land reclaimed by the Director of the Division of Mines, Minerals and Energy (the Director) for the amount of the increase in the value of former mining land that results from the reclamation of the land. The bill increases the amount of the reclamation bond that a mine operator must pay from a range of between $200 and $1,000 per acre to $3,000 per acre and provides procedures related to the operation of the lien, including procedures for perfection, waiver, recordation, priority, amount determination, and satisfaction. The bill also modifies the existing Minerals Reclamation Fund (the Fund), establishing it as a nonlapsing revolving fund with a minimum size of $2 million. Current law sets the Fund's floor at $250,000 and does not prevent moneys in the Fund from reverting to the general fund at the end of each biennium. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/14/2016Prefiled and ordered printed; offered 01/13/16 16100452D
01/14/2016Committee
01/14/2016Presented and ordered printed 16100452D
01/14/2016Referred to Committee on Agriculture, Chesapeake and Natural Resources
01/25/2016Assigned to sub: Natural Resources
01/25/2016Assigned ACNR sub: Natural Resources
01/27/2016Subcommittee recommends reporting (7-Y 0-N)
01/28/2016Impact statement from DPB (HB1169)
02/10/2016Tabled in Agriculture, Chesapeake and Natural Resources