Black Lung Benefits Disability Trust Fund Solvency Act of 2020

Bill: 116-s-3172
Sponsor: full_name: Sen. Manchin, Joe, III [D-WV]
Introduced: 2020-01-09
Policy area: Taxation
Subjects: Cardiovascular and respiratory health

Coal

Disability assistance

Government trust funds

Health care costs and insurance

Health care coverage and access

Mining

Sales and excise taxes

Worker safety and health
Latest action: action_date: 2020-01-09
text: Read twice and referred to the Committee on Finance.

Summaries:
action_date: 2020-01-09
action_desc: Introduced in Senate
text: <p><b>Black Lung Benefits Disability Trust Fund Solvency Act of 2020</b></p> <p>This bill extends until December 31, 2030, the excise tax on coal from U.S. mines. This tax is a source of funding for the Black Lung Disability Trust Fund. </p>

tv_txt: II 116th CONGRESS 2d Session S. 3172 IN THE SENATE OF THE UNITED STATES January 9, 2020 Mr. Manchin (for himself, Mr. Jones , Mr. Kaine , Mr. Brown , Mr. Warner , and Mr. Casey ) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Internal Revenue Code of 1986 to ensure the solvency of the Black Lung Disability Trust Fund by extending the excise tax on coal.

1. Short title This Act may be cited as the Black Lung Benefits Disability Trust Fund Solvency Act of 2020 . 2. Extension of black lung disability trust fund excise tax (a) In general Section 4121(e)(2)(A) of the Internal Revenue Code of 1986 is amended by striking December 31, 2020 and inserting December 31, 2030 . (b) Effective date The amendments made by this section shall apply on and after the first day of the first calendar month beginning after the date of the enactment of this Act.