NC H613

Prohibits electric utilities operating coal-fired generating units in North Carolina from purchasing or using coal extracted through mountaintop removal mining, effective January 1, 2014, with utilities required to obtain sworn statements from coal providers certifying non-use of mountaintop removal methods.

Establishes permitting requirements and fee schedules for solid waste disposal sites used for reuse of combustion products and structural fill, with new permit fees ranging from $25,000 to $50,000 depending on annual tonnage capacity and annual permit fees of $3,500.

Implements a moratorium on new coal-fired power plant construction unless the facility is carbon neutral, and suspends any existing certificates issued before July 1, 2013 for coal-fired units not yet operational, with suspension lasting until July 1, 2018.

Requires the State Treasurer to report to the General Assembly by May 1, 2014 on a plan to divest public funds from companies involved in extraction, processing, combustion, transportation, storage, or brokerage of fossil fuels.

Utilities in violation of the mountaintop removal prohibition are denied fuel cost recovery and face potential certificate cancellation, while utilities violating construction suspension provisions are prohibited from recovering construction costs.