This house bill will authorize the Department of Environment to require a bond to be posted in connection with a permit for the use of any coal-combustion by-product for reclamation of a mining site. Under the terms of this bond the secure compliance with the applicable state and federal law will be enforced. The bond amount will have a capacity of the maximum limit of $7,500 per acre based on the number of affected acres. Under existing law a bond was required in connection with a mining operation permit. This new bond will be required in addition to the existing law’s reclamation bond requirements.
Victor Lance is the founder and president of Lance Surety Bond Associates, Inc. He began his career as an officer in the U.S. Marine Corps, serving two combat tours. As president of Lance Surety, he now focuses on educating and assisting small businesses throughout the country with various license and bond requirements. Victor graduated from Villanova University with a degree in Business Administration and holds a Masters in Business Administration (MBA) from the University of Michigan's Ross School of Business.
Latest posts by Victor J. Lance, President/Owner (see all)
Lance Surety Bond Associates, Inc. is a surety bond agency based out of southeastern Pennsylvania that is able to write all surety bond types in all 50 states. We are dedicated to servicing all of our customers' surety bonding needs throughout the country and guarantee competitive rates, timely responses, and unparalleled customer service.