H.R. 6202 (112th): True Cost of Coal Act of 2012

Introduced:
Jul 25, 2012 (112th Congress, 2011–2013)
Sponsor:
Rep. Jim McDermott [D-WA7]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


7/25/2012--Introduced.
True Cost of Coal Act of 2012 - Amends the Internal Revenue Code to:
(1) impose a $10 per ton excise tax on the extraction of coal;
(2) establish in the Treasury the Coal Mitigation Trust Fund to hold revenues from such tax; and
(3) extend to 50 years the recovery period, for depreciation purposes, for specified coal port property used for the export of coal.
Allows expenditures from the Coal Mitigation Trust Fund to assist states in mitigating noise, vibration, traffic delays, pollution and other threats to public health, and emergencies in connection with the transportation of coal by rail, and to provide worker adjustment assistance.
Directs the Secretary of Transportation (DOT) to issue regulations to require all rail cars transporting coal to be covered or to incorporate a suitable alternative technology to ensure that coal and coal dust do not escape during transportation.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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The bill contains the following citations to other parts of U.S. law:

Other Citations

  • 49 U.S.C. Chapter 201