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US HR2713

Miners Pension Protection Act


summary

Introduced
05/25/2017
In Committee
06/14/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Miners Pension Protection Act This bill amends the Surface Mining Control and Reclamation Act of 1977 (SMCRA) to transfer certain funds to the 1974 United Mine Workers of America (UMWA) Pension Plan to provide pension benefits to retired coal miners and their families. The Department of the Treasury must transfer additional funds 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 also establishes additional reporting requirements for the plan. As an offset, the bill amends the Consolidated Omnibus Budget Reconciliation Act of 1985 to extend the authority of Treasury to collect certain customs user fees.

AI Summary

This bill, the Miners Pension Protection Act, amends the Surface Mining Control and Reclamation Act of 1977 (SMCRA) to transfer additional funds from the Department of the Treasury to the 1974 United Mine Workers of America (UMWA) Pension Plan to pay pension benefits required under that plan. The bill establishes new reporting requirements for the 1974 UMWA Pension Plan, including information on the plan's funding status, contributions, and benefits. As an offset, the bill extends the authority of the Treasury to collect certain customs user fees under the Consolidated Omnibus Budget Reconciliation Act of 1985.

Committee Categories

Agriculture and Natural Resources

Sponsors (28)

Last Action

Referred to the Subcommittee on Energy and Mineral Resources. (on 06/14/2017)

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