,i #aacth ,,congress #ast ,session ,h4 ,r4 #bcif ,,in ,,the ,,house ,,of ,,representatives ,june #ag1 #bjac ,mr4 ,mc,dermott introduced the following bill2 which was referred to the ,committee on ,ways and ,means1 and in addition to the ,committee on ,transportation and ,infrastructure1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to establish the ,coal ,mitigation ,trust ,fund funded by the imposition of a tax on the extraction of coal1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,true ,cost of ,coal ,act of #bjac4 #b4 ,coal ,mitigation ,trust ,fund 7a7 ,in general ,subchapter ,a of chapter #ih of the ,internal ,revenue ,code of #aihf is amended by adding at the end the following new section3 #ieab4 ,coal ,mitigation ,trust ,fund 7a7 ,creation of trust fund ,there is established in the ,treasury of the ,united ,states a trust fund to be known as the ,coal ,mitigation ,trust ,fund1 consisting of such amounts as may be appropriated or credited to such fund as provided in this section or section #ifjb7;b74 7b7 ,transfers to trust fund ,there are hereby appropriated to the ,coal ,mitigation ,trust ,fund amounts equivalent to the taxes received in the ,treasury under section #dabb 7relating to excise tax on coal extraction74 7c7 ,expenditures 7#a7 ,in general ,except as otherwise provided in this subsection1 amounts in the ,coal ,mitigation ,trust ,fund shall be available1 as provided by appropriation ,acts1 to eligible ,states for mitigation of the following in connection with the transportation of coal by rail3 noise1 vibration1 traffic delays1 pollution and other threats to public health1 and emergencies4 ,such amounts shall also be so available for related worker adjustment assistance4 ,any amounts made available to an eligible ,state under this paragraph shall remain available until expended for a purpose described in this paragraph4 7#b7 ,allocation among ,states ,any amounts made available under paragraph 7#a7 shall be made available to the eligible ,states in an amount which bears the same ratio to the population of such ,state as the aggregate amount made available bears to the aggregate populations of all the eligible ,states4 7#c7 ,eligible ,states ,for purposes of this subsection1 the term eligible ,state means any ,state in which not less than #b1ejj1jjj tons of coal per year is transported by rail4 7#d7 ,amounts made available not to offset required expenditures ,amounts made available under paragraph 7#a7 shall not be used directly or indirectly for any expense which any producer or transporter of coal is legally required to provide4 4 7b7 ,clerical amendment ,the table of sections for subchapter ,a of chapter #ih of the ,internal ,revenue ,code of #aihf is amended by adding at the end the following new item3 ,sec4 #ieab4 ,coal ,mitigation ,trust ,fund4 4 #c4 ,excise tax on coal extraction 7a7 ,in general ,subchapter ,b of chapter #cb of the ,internal ,revenue ,code of #aihf is amended by adding at the end the following new section3 #dabb4 ,excise tax on coal extraction 7a7 ,in general ,there is hereby imposed on the extraction of coal in the ,united ,states a tax equal to #aj per ton4 7b7 ,cross reference ,for definitions of ,united ,states and ton1 see section #daba7;c74 4 7b7 ,clerical amendment ,the table of sections for subchapter ,b of chapter #cb of such ,code is amended by adding at the end the following new item3 ,sec4 #dabb4 ,excise tax on coal extraction4 4 7c7 ,effective date ,the amendments made by this section shall apply to coal extracted after the date of the enactment of this ,act4 #d4 ,extension of recovery period for specified coal port property 7a7 #ej-,year recovery period for specified coal ports 7#a7 ,in general ,the table contained in section #afh7;c7 of the ,internal ,revenue ,code of #aihf is amended by striking the last row and inserting the following3 ,any railroad grading1 tunnel bore1 or specified coal port property#ej years 4 7#b7 ,alternative depreciation system ,the table contained in section #afh7;g77#b77;,c7 of such ,code is amended by striking or water utility property and inserting 1 water utility property1 or specified coal port property4 7b7 ,specified coal port property ,subsection 7e7 of section #afh of such ,code is amended by adding at the end the following new paragraph3 7#i7 ,specified coal port property ,the term specified coal port property means any property which is part of a port 7including any wharfs1 stockyards1 or conveyers7 if-- 7,a7 it is reasonably anticipated at the time that such property is placed in service that such port will be used for the export of coal1 and 7,b7 such port 7after such property and any related property is placed in service7 would have the capacity to export more than #a1jjj1jjj tons of coal annually4 4 7c7 ,effective date ,the amendments made by this section shall apply to property placed in service after the date of the enactment of this ,act4 #e4 ,covering coal cars 7a7 ,amendment ,subchapter ,,ii of chapter #bja of title #di1 ,united ,states ,code1 is amended by adding at the end the following new section3 #bjafh4 ,covering coal cars4 ,the ,secretary of ,transportation shall issue regulations to require all rail cars transporting coal to be covered or to incorporate a suitable alternative technology that ensures that coal and coal dust do not escape the rail car or are treated to significantly reduce or eliminate the release of coal dust or other particulate matter during transportation4 4 7b7 ,table of sections ,the table of sections for subchapter ,,ii of chapter #bja of title #di1 ,united ,states ,code1 is amended by adding at the end the following3 #bjafh4 ,covering coal cars4 4