Virginia Senate Bill 825: Coal Surface Mining Reclamation Fund; surface mining pool bond fees.

Virginia · 2026 Regular Session

What it does

Coal Surface Mining Reclamation Fund; surface mining pool bond fees. Amends various provisions under the Coal Surface Mining Reclamation Fund, including a requirement for the Director of the Department of Energy to assess market conditions no less than biannually to set the rate of reclamation tax based on the (i) most recent price per ton of metallurgical coal exports as reported by the U.S. Energy Information Administration or (ii) local market conditions provided by the industry representatives currently serving on the Coal Surface Mine Reclamation Fund Advisory Board. The bill also changes the entrance fee for coal surface mining operators participating in the pool fund.

Latest action

Passed by indefinitely in Finance and Appropriations (9-Y 6-N) (2026-02-10)

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