H.R.5479 - Coal Accountability and Retired Employee Act of 2010111th Congress (2009-2010)
Summary: H.R.5479 — 111th Congress (2009-2010)
Reported to House without amendment (09/29/2010)
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Coal Accountability and Retired Employee Act of 2010 or CARE Act - Amends the Surface Mining Control and Reclamation Act of 1977 with respect to transfers of interest earned by the Abandoned Mine Reclamation (AMR) Fund. Requires the transfer during any fiscal year to the trustees of the 1974 United Mine Workers of America (UMWA) Pension Plan, to be used solely to pay pension benefits under such plan, of certain excess funds remaining after: (1) transfer from the AMR Fund to the UMWA Combined Benefit Fund; and (2) application of the annual $490 million cap on such transfers.