Coal Cleanup Taxpayer Protection Act of 2019

Coal Cleanup Taxpayer Protection Act of 2019

This bill addresses bonding programs with regard to surface coal mining operations..

Specifically, the bill

prohibits the Office of Surface Mining and Reclamation Enforcement (OSMRE) and state regulatory authorities from accepting new self-bonds for coal reclamation, requires any existing self-bonds or corporate bonds utilized for coal reclamation to be converted to surety or collateral bonds, authorizes the OSMRE to approve state or federal alternative coal mining bond programs that result in no greater risk of financial liability to the federal government than a surety or collateral bond program, and directs the OSMRE to issue rules establishing limitations on surety bonds to minimize the financial liability to the federal or state government.