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H.R. 4799

Coal Royalty Fairness and Communities Investment Act of 2021

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.

Subcommittee Hearings Held.

Rep. Cartwright, Matt [D-PA-8](D-PA)Sponsor
4 cosponsors4 D
4cosponsors2committees7actions17subjects
  1. Committee

    Subcommittee Hearings Held.

    Energy and Mineral Resources Subcommittee
  2. Committee

    Referred to the Subcommittee on Energy and Mineral Resources.

    Energy and Mineral Resources Subcommittee
  3. Committee

    Referred to the Subcommittee on Energy.

    Energy, Climate and Grid Security Subcommittee
  4. IntroReferralH11100

    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.

    Energy and Commerce Committee
  5. IntroReferralH11100

    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.

    Natural Resources Committee
  6. IntroReferralIntro-H

    Introduced in House

  7. IntroReferral1000

    Introduced in House

Coal Royalty Fairness and Communities Investment Act of 2021 — Informed