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Senate approves bill to formalize surety calculation process for small mining operations after floor questions
Summary
Senate Bill 15 requires the Division of Oil, Gas and Mining to present its statewide average reclamation cost to the Board of Oil, Gas and Mining for annual public establishment, while leaving operators able to supply alternative cost calculations; the bill passed after senators raised concerns about urban reclamation costs and a conflict of interest was noted on the floor.
The Utah Senate approved Senate Bill 15 on third reading Wednesday, a measure intended to formalize how the state calculates surety for reclamation of small mining operations.
Sponsor Senator Dennis Stoll told the Senate the Division of Oil, Gas and Mining had been using a calculated statewide average reclamation cost without going through the board’s public approval process. "This bill requires that it go before the oil, gas, and mining board after it's calculated," Stoll said on the…
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