The bill, introduced by Senator Wilkin, seeks to amend various sections of the Revised Code concerning the underground mining of limestone and dolomite, while also increasing severance tax rates. It introduces new sections, specifically sections 1514.091 through 1514.72, which define key terms such as "underground minerals mining" and "activities related to making finished aggregate products." The legislation emphasizes the need for operators to obtain permits for both surface and in-stream mining, outlines the necessary information for permit applications, and highlights the importance of reclamation plans and performance standards to ensure environmental protection.

Additionally, the bill enhances regulatory oversight by introducing new provisions for financial assurance, including surety and performance bonds, and establishes penalties for non-compliance with mining regulations. It mandates that reclamation of mined areas must be completed within three years unless an extension is justified, and it streamlines the permitting process by removing previous renewal notice requirements. The bill also creates the underground minerals mining fund, financed through a new excise tax, to support reclamation efforts and safety education. Overall, the legislation aims to improve safety standards, regulatory compliance, and environmental protections in the mining industry.

Statutes affected:
As Introduced: 1514.01, 1514.02, 1514.021, 1514.022, 1514.023, 1514.024, 1514.03, 1514.04, 1514.05, 1514.07, 1514.071, 1514.08, 1514.09, 1514.11, 1514.40, 1514.41, 1514.42, 1514.43, 1514.44, 1514.45, 1514.46, 1514.50, 1514.99, 1563.11, 5749.02