True Cost of Coal Act of 2013
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jun 17, 2013)
True Cost of Coal Act of 2013 - 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.
What just happenedJun 18, 2013
Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
Who’s behind it
- Introduced in HouseJun 17, 2013
- Jun 18, 2013Committee
Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
- Jun 17, 2013IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committee on Transportation and Infrastructure, 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.
- Jun 17, 2013IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committee on Transportation and Infrastructure, 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.
- Jun 17, 2013IntroReferralB00100
Sponsor introductory remarks on measure. (CR E901)
- Jun 17, 2013IntroReferralIntro-H
Introduced in House
- Jun 17, 2013IntroReferral1000
Introduced in House