โŒ SB181

Regards limestone, dolomite mining; increase severance taxes

Current Status: In Senate Committee (Agriculture and Natural Resources)

Summary

SB181 amends various sections of the Ohio Revised Code to establish regulations for the underground mining of limestone and dolomite and to increase severance tax rates on these minerals. The bill requires operators to obtain permits, file annual reports, and adhere to performance standards for mining and reclamation. It also includes provisions for penalties for non-compliance and establishes a centralized location for safety education and training.

Rationale

The bill increases government regulation and taxation on mining operations, which conflicts with the Libertarian Party's principles of minimal government intervention and free markets. It imposes additional compliance requirements on operators, which may hinder economic freedom and property rights, aligning poorly with both LP and LPO platforms.

Risks and Concerns

  • Increased government control over mining operations
  • Higher operational costs for miners due to increased taxes and compliance requirements
  • Potential negative impact on local economies reliant on mining
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