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Lawmakers consider payment plan for coal mining back taxes apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
A Busby lawmaker is proposing legislation intended to let Big Horn County negotiate a collection agreement with a troubled coal company that owes more than $8 million in delinquent taxes to the county. The proposal has the backing of county officials and Navajo Transitional Energy Co. (NTEC), which bought the debt-saddled Spring Creek Mine from its bankrupt parent company last year. But some Democratic lawmakers and at least one environmental group have warned that the bill could allow NTEC or other companies to ultimately pay less than they owe. Senate Bill 154, sponsored by Republican Sen. Jason Small, doesnât specifically name NTEC or Big Horn County. But Small, the Big Horn County commissioners and a company representative were clear that the legislation was drafted with its unpaid coal taxes in mind. ....
How a Coal Mine in Montana Could Screw the Navajo Nation Photo: Byron C. Shorty (AP) The overwhelming economic consensus is that coal is out, renewables are in. Yet one company, associated with the Navajo Nation, doesn’t seem to have gotten the message and may be weighing the tribe down with more coal baggage as the rest of the country moves on. Advertisement A judge last week blocked the expansion of the Spring Creek Mine in Montana, ruling that the federal government needs to issue an updated environmental review to more closely examine the impacts of mining more coal in the region. The ruling marked the latest development in a years-long struggle over Spring Creek, the largest mine in the state. ....
The 117-million-ton expansion was approved by the Obama administration and would have extended the operating life of the mine for another six and a half years. ....