HB467 Summary

• Amends Section 9-16-83 of the Code of Alabama 1975 to modify payment terms for surface coal mining reclamation permit fees.

• Changes permit fee payment period from "term of the permit" to "life of the mine," extending the payment timeline beyond the initial permit period.

• Defines "life of the mine" as the term of the permit plus the time required to successfully complete all surface coal mining and reclamation activities and obtain full release of performance bonds for each bonded area.

• Maintains existing requirements that permit fees not exceed the anticipated cost of reviewing, administering, and enforcing the permit, with a minimum fee of $1,000.

• Becomes effective on the first day of the third month following passage and approval by the Governor.