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Committee adopts amendment to direct federal coal-lease revenues to coal-impacted grants
Summary
Senate Bill 155 would create a fund to support coal-impacted communities through economic and workforce development grants, directing rent and royalty revenues from federal coal lease sales for distribution from Jan. 1, 2027, through Dec. 31, 2030; the committee adopted the amendment and gave the bill a favorable report.
Senate Bill 155, sponsored by Senator Woods, would establish economic and workforce-development grant programs for coal-impacted communities funded from rents and royalties of federal coal lease sales. The committee adopted an amendment that sets the distribution period to Jan. 1, 2027 through Dec. 31, 2030 and then gave the bill a favorable report.
Proponents indicated the amendment is intended to phase and target funds to areas affected by coal industry contraction. The committee adopted the change by voice vote and moved the bill forward.
