US HB2396 | 2013-2014 | 113th Congress

US Congress House Bill 2396 (Prior Session Legislation)

Status

Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on June 17 2013 - 25% progression, died in committee
Action: 2013-06-18 - Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
Pending: House Subcommittee on Railroads, Pipelines, and Hazardous Materials Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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.

Title

True Cost of Coal Act of 2013

History

Date	Chamber	Action
2013-06-18	House	Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
2013-06-17	House	Referred to House Transportation and Infrastructure
2013-06-17	House	Referred to House Ways and Means
2013-06-17	House	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.
2013-06-17	House	Sponsor introductory remarks on measure. (CR E901)