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

Introduced:
Jul 25, 2012 (112th Congress, 2011–2013)
Status:
Died (Referred to Committee)
Sponsor
Jim McDermott
Representative for Washington's 7th congressional district
Party
Democrat
Text
Read Text »
Last Updated
Jul 25, 2012
Length
6 pages
Related Bills
H.R. 2396 (113th) was a re-introduction of this bill in a later Congress.

Referred to Committee
Last Action: Jun 17, 2013

 
Status

This bill was introduced on July 25, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced Jul 25, 2012
Referred to Committee Jul 25, 2012
 
Full Title

To amend the Internal Revenue Code of 1986 to establish the Coal Mitigation Trust Fund funded by the imposition of a tax on the extraction of coal, and for other purposes.

Summary

No summaries available.

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

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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