Minimum Program Make Up Funds
Summary
This regulation from the Office of Surface Mining (OSM) establishes rules for how mining companies must set aside funds to cover the costs of restoring land after mining operations end. The rule ensures that companies have enough money available to properly clean up mines and restore the environment, protecting taxpayers from having to foot the bill for abandoned mining sites.
Key Points
- 1Mining companies must maintain minimum financial reserves to pay for land restoration and environmental cleanup after mining ends
- 2The rule applies to surface mining operations and ensures funds are available even if a company goes out of business
- 3OSM will monitor and enforce these funding requirements to prevent taxpayers from bearing cleanup costs
- 4Companies have until December 25, 2025 to submit comments on the proposed regulation
- 5This protects communities and the environment by guaranteeing that reclamation work will be completed and funded properly
Key Dates
November 24, 2025
This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.
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