The act amends the "Colorado Mined Land Reclamation Act" and the "Colorado Land Reclamation Act for the Extraction of Construction Materials" to:
Contemplate the expedited issuance of reclamation-only permits to persons desiring to conduct reclamation-only operations after September 1, 2025, on less than 5 acres; and
Update restrictions and requirements concerning the posting and forfeiture of financial warranties relating to mine reclamation projects.
The act prohibits the office of mined land reclamation from issuing a reclamation-only permit to a mining operation at which:
Toxic or acidic chemicals used in extractive metallurgical processing are present on site;
Acid- or toxic-forming materials will be exposed or disturbed as a result of mining operations; or
Uranium is developed or extracted, either by in situ leach mining or by conventional underground or open mining techniques.
The act also enacts the "Interstate Mining Compact" and ratifies Colorado's membership in the associated Interstate Mining Commission.
(Note: This summary applies to this bill as enacted.)