To modify the requirements relating to the allocation of interest of the Abandoned Mine Reclamation Fund.
What it does: Inserts new text wherever appropriate
Sen. Robert C. Byrd (D-WV)Inserts new text wherever appropriate
InsertsInserted: SEC. . TREATMENT OF ABANDONED MINE RECLAMATION FUND INTEREST.
Inserted: (a) In General.--Notwithstanding any other provision of law, any interest credited to the fund established by section 401 of the Surface Mining Control and Reclamation Act of 1977 (30 U.S.C. 1231) shall be transferred to the Combined Fund identified in section 402(h)(2) of such Act (30 U.S.C. 1232(h)(2)), up to such amount as is estimated by the trustees of such Combined Fund to offset the amount of any deficit in net assets in the Combined Fund.
Inserted: (b) Prohibition on Other Transfers.--Except as provided in subsection (a), no principal amounts in or credited to the fund established by section 401 of the Surface Mining Control and Reclamation Act of 1977 (30 U.S.C. 1231) may be transferred to the Combine Fund identified in section 402(h)(2) of such Act (30 U.S.C. 1232(h)(2)).
Inserted: (c) Limitation.--This section shall cease to have any force and effect after September 30, 2004.
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Original wording
At the appropriate place insert the following:
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As printed
SA 167. Mr. BYRD submitted an amendment intended to be proposed by him to the joint resolution H.J. Res. 2, making further continuing appropriations for the fiscal year 2003, and for other purposes; which was ordered to lie on the table; as follows:
At the appropriate place insert the following:
SEC. . TREATMENT OF ABANDONED MINE RECLAMATION FUND INTEREST.
(a) In General.--Notwithstanding any other provision of law, any interest credited to the fund established by section 401 of the Surface Mining Control and Reclamation Act of 1977 (30 U.S.C. 1231) shall be transferred to the Combined Fund identified in section 402(h)(2) of such Act (30 U.S.C. 1232(h)(2)), up to such amount as is estimated by the trustees of such Combined Fund to offset the amount of any deficit in net assets in the Combined Fund.
(b) Prohibition on Other Transfers.--Except as provided in subsection (a), no principal amounts in or credited to the fund established by section 401 of the Surface Mining Control and Reclamation Act of 1977 (30 U.S.C. 1231) may be transferred to the Combine Fund identified in section 402(h)(2) of such Act (30 U.S.C. 1232(h)(2)).
(c) Limitation.--This section shall cease to have any force and effect after September 30, 2004.
Legislative Activity
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Senate amendment proposed (on the floor): Amendment SA 167 proposed by Senator Stevens for Senator Byrd.(consideration: CR S1427-1429)
January 23, 2003
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Senate amendment proposed (on the floor): Amendment SA 167 proposed by Senator Stevens for Senator Byrd.(consideration: CR S1427-1429)
January 23, 2003
Senate amendment agreed to: Amendment SA 167 as modified agreed to in Senate by Voice Vote.(text as modified: CR S1428)
January 23, 2003
Amendment SA 167 proposed by Senator Stevens for Senator Byrd. (consideration: CR S1427-1429) To modify the requirements relating to the allocation of interest of the Abandoned Mine Reclamation Fund.
January 23, 2003
Amendment SA 167 as modified agreed to in Senate by Voice Vote. (text as modified: CR S1428)
January 23, 2003
Senate amendment submitted
January 21, 2003