What does AMLF mean in FUNDS


AMLF stands for Abandoned Mine Land Fund. It is a federal program that provides funding to states and tribes to address the environmental and economic impacts of abandoned coal mines. The program was created by the Surface Mining Control and Reclamation Act of 1977 (SMCRA).

AMLF

AMLF meaning in Funds in Business

AMLF mostly used in an acronym Funds in Category Business that means Abandoned Mine Land Fund

Shorthand: AMLF,
Full Form: Abandoned Mine Land Fund

For more information of "Abandoned Mine Land Fund", see the section below.

» Business » Funds

AMLF Meaning in Business

The AMLF is important for businesses in the coal mining industry because it provides funding for the cleanup of abandoned mine lands. This can help to reduce the environmental impact of coal mining and make it more economically viable.

AMLF Full Form

The full form of AMLF is:

  • Abandoned
  • Mine
  • Land
  • Fund

What does AMLF Stand For?

AMLF stands for Abandoned Mine Land Fund.

Essential Questions and Answers on Abandoned Mine Land Fund in "BUSINESS»FUNDS"

What is the Abandoned Mine Land Fund (AMLF)?

The Abandoned Mine Land Fund (AMLF) is a federal fund established by the Surface Mining Control and Reclamation Act of 1977 to address the environmental and safety hazards posed by abandoned coal mines. The fund is used to reclaim and restore these sites, mitigating their impacts on the environment and local communities.

How is the AMLF funded?

The AMLF is primarily funded through a fee levied on the production and importation of coal. These fees are collected by the U.S. Department of the Treasury and deposited into the AMLF.

Who is eligible for AMLF funding?

States, Indian tribes, and other governmental entities are eligible to receive AMLF funding. These entities must demonstrate that they have abandoned mine lands within their jurisdiction that pose environmental or safety hazards.

What types of projects are eligible for AMLF funding?

AMLF funding can be used for a wide range of projects, including:

  • Reclamation of abandoned mine lands, including grading, revegetation, and water treatment
  • Mitigation of hazards posed by abandoned mines, such as unstable slopes, subsidence, and water contamination
  • Research and development related to abandoned mine land reclamation and hazard mitigation

How are AMLF projects selected for funding?

AMLF projects are selected for funding based on a competitive application process. States, tribes, and other eligible entities must submit proposals that describe their proposed projects and demonstrate their need for funding. The proposals are evaluated by the Office of Surface Mining Reclamation and Enforcement (OSMRE) based on factors such as the severity of the environmental or safety hazards posed by the abandoned mine land, the feasibility of the proposed project, and the cost-effectiveness of the project.

Final Words: The AMLF is an important program that helps to address the environmental and economic impacts of abandoned coal mines. The program provides funding to states and tribes to clean up abandoned mine lands, which can help to reduce the environmental impact of coal mining and make it more economically viable.

AMLF also stands for:

All stands for AMLF

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