[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 313 Introduced in House (IH)]






108th CONGRESS
  1st Session
                                H. R. 313

To modify requirements relating to allocation of interest that accrues 
                to the Abandoned Mine Reclamation Fund.


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                    IN THE HOUSE OF REPRESENTATIVES

                            January 8, 2003

  Mr. Rahall (for himself and Mr. Ney) introduced the following bill; 
            which was referred to the Committee on Resources

_______________________________________________________________________

                                 A BILL


 
To modify requirements relating to allocation of interest that accrues 
                to the Abandoned Mine Reclamation Fund.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

     This Act may be cited as the ``Coal Accountability and Retired 
Employee Act for the 21st Century''.

SEC. 2. TREATMENT OF ABANDONED MINE RECLAMATION FUND INTEREST.

    (a) In General.--Notwithstanding any other provision of law, any 
interest credited to the fund established by section 401 of the Surface 
Mining Control and Reclamation Act of 1977 (30 U.S.C. 1231) shall be 
transferred to the Combined Fund identified in section 402(h)(2) of 
such Act (30 U.S.C. 1232(h)(2)), up to such amount as is estimated by 
the trustees of such Combined Fund to offset the amount of any deficit 
in net assets in the Combined Fund.
    (b) Prohibition on Other Transfers.--Except as provided in 
subsection (a), no principal amounts in or credited to the fund 
established by section 401 of the Surface Mining Control and 
Reclamation Act of 1977 (30 U.S.C. 1231) may be transferred to the 
Combine Fund identified in section 402(h)(2) of such Act (30 U.S.C. 
1232(h)(2)).
                                 <all>