Search results
Results From The WOW.Com Content Network
The fund is financed by a tax of 31.5 cents per ton for surface mined coal, 15 cents per ton for coal mined underground, and 10 cents per ton for lignite. 80% of AML fees are distributed to states with an approved reclamation program (see below) to fund reclamation activities.
OSM Regional Structure Map. The Office of Surface Mining Reclamation and Enforcement (OSMRE) is a branch of the United States Department of the Interior.It is the federal agency entrusted with the implementation and enforcement of the Surface Mining Control and Reclamation Act of 1977 (SMCRA), which attached a per-ton fee to all extracted coal in order to fund an interest-accruing trust to be ...
The program provides financial and educational assistance to landowners that compose a qualifying management plan. Initially proposed plans must be 10 years management strategies and can manage no more than 1,000 acres (4.0 km 2) (additional area can be added in special cases). [2] Tax incentives
Funding for the reclamation of abandoned mines is accomplished through a coal production tax. Mine operators must pay a tax of $0.12 per ton for underground mined coal and $0.28 per ton for surfaced mined coal; the proceeds from this tax are put into the Abandoned Mine Reclamation Fund (created by SMCRA) to pay for the reclamation of abandoned ...
In addition, a reclamation tax of from 0.3% to 1%, the rate set by the secretary of the interior, would be levied on all hardrock mining operations, new and existing, on federal, state, private, and tribal lands. The royalties and reclamation taxes would be used to reclaim abandoned hardrock mines. [37]
In the United States, payment in lieu of taxes can arise in several ways: Land owned by the federal government is generally not subject to taxation by state or local governments. Under Public Law 94-565, enacted in 1976, the federal government began making payments in lieu of taxation to local governments affected by this reduction in their tax ...
The reclamation fund is a special fund established by the United States Congress under the Reclamation Act of 1902, as amended, for receipts from the sale of public lands and timber, proceeds from the Mineral Leasing Act, and certain other revenues.
Enables the government to receive compensation from the lessee for the privilege of extracting minerals on federal public lands. The Bureau of Land Management (BLM), a division of the Department of the Interior (DOI), is the principal administrator of the Mineral Leasing Act.