Monday, March 15, 2010
Coal Bill Passes Senate
KENTUCKY....
The Kentucky Senate voted 33-0 Monday to pass House Bill 283, a bill that would increase the fees paid by coal companies when applying for mining permits. Under current law, companies pay a fee of $375 for the applications, but the legislation would set new fees ranging from $750 to $2,500 for each application, depending on whether the companies are looking to expand a mining operation or open a new one. The bill is being supported by coal company officials who know the additional revenue would help hire more staffers to speed up the permitting process.
The Kentucky Senate voted 33-0 Monday to pass House Bill 283, a bill that would increase the fees paid by coal companies when applying for mining permits. Under current law, companies pay a fee of $375 for the applications, but the legislation would set new fees ranging from $750 to $2,500 for each application, depending on whether the companies are looking to expand a mining operation or open a new one. The bill is being supported by coal company officials who know the additional revenue would help hire more staffers to speed up the permitting process.