US HB3913 | 2017-2018 | 115th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on October 3 2017 - 25% progression, died in committee
Action: 2017-10-06 - Referred to the Subcommittee on Energy and Mineral Resources.
Pending: House Subcommittee on Energy and Mineral Resources Committee
Text: Latest bill text (Introduced) [PDF]

Summary

American Miners Pension Act of 2017 This bill amends the Surface Mining Control and Reclamation Act of 1977 (SMCRA) to transfer certain funds and provide loans to the 1974 United Mine Workers of America (UMWA) Pension Plan in order to provide pension benefits for retired coal miners. The bill requires the Department of the Treasury to transfer additional funds from the Abandoned Mine Reclamation Fund and the General Fund of the Treasury to the 1974 UMWA Pension Plan to pay pension benefits required under that plan if the amounts available for transfer under SMCRA's $490 million annual limit exceed the amounts required to be transferred for other purposes (including to the UMWA Health Plans). The bill prohibits the plan from making certain changes to benefits during any year in which a transfer is received. Treasury must make annual loans to the plan equal to the amount certified by the trustees of the plan as necessary to prevent insolvency. The loans may not exceed $600 million per year. The trustees must annually certify that the plan is projected to be solvent and is able to repay the loans under terms specified in the bill. The bill also establishes additional reporting requirements for the plan.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

American Miners Pension Act of 2017

Sponsors


History

DateChamberAction
2017-10-06HouseReferred to the Subcommittee on Energy and Mineral Resources.
2017-10-03HouseReferred to the Committee on Natural Resources, and in addition to the Committee on Ways and Means, 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.
2017-10-03HouseReferred to the Committee on Natural Resources, and in addition to the Committee on Ways and Means, 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.
2017-10-03HouseIntroduced in House

Same As/Similar To

HB179 (Related) 2017-02-10 - Referred to the Subcommittee on Energy and Mineral Resources.
HB2713 (Related) 2017-06-14 - Referred to the Subcommittee on Energy and Mineral Resources.
SB175 (Related) 2017-01-17 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S343)
SB1105 (Related) 2017-05-11 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
SB1911 (Related) 2017-10-03 - Read twice and referred to the Committee on Finance.
HB4426 (Related) 2018-05-22 - Referred to the Subcommittee on Energy.

Subjects


US Congress State Sources


Bill Comments

feedback