Bill > S4306

This bill, the Marshall Plan for Coal Country Act of 2020, aims to invest in workers and jobs, address important legacy costs in coal country, and drive development of advanced manufacturing and technologies. The key provisions of the bill include: - Providing Medicare coverage for individuals who lost their job at a coal mine or coal power plant. - Establishing an Office of Economic Development at the Department of Energy to assist coal communities with implementing federal programs, developing and deploying clean energy, and workforce training. - Designating qualified coal community areas as HUBZones to boost small business development. - Extending and expanding the qualifying advanced energy project credit program. - Providing loans and loan guarantees for the construction of pipeline infrastructure to transport sequestered carbon dioxide. - Prioritizing environmental cleanup costs and employee benefit plans in bankruptcy proceedings for coal companies. - Establishing a grant program to help states allow coal power plants to shut down before full depreciation through ratepayer-backed bonds. - Increasing the federal minimum wage, eliminating the separate minimum wage for tipped and young workers, and transitioning away from subminimum wages for workers with disabilities. - Providing a homebuying assistance program and free higher education for individuals impacted by job losses in the coal industry. - Requiring employers shutting down coal power plants to offer decommissioning work to affected employees.

Budget and Finance

https://www.congress.gov/bill/116th-congress/senate-bill/4306/all-info