​​​​​​​​​​​​​​​​​Rulemaking Package #10, Public Resources Code (PRC) § 2773.4(e)(3), Financial Assurance Mechanisms (FAMs) II- Letters of Credit (LoC), Certificate of Deposit ​​​​Establishment and Encashment Instructions (CD), and associated​​ regulatory language text.​​​​​​

On April 18, 2016, Governor Brown signed into law AB 1142 (Gray), which made significant revisions to the Surface Mining and Reclamation Act (PRC § 2710 et seq., “SMARA”). The nature and scope of these revisions to SMARA require the State Mining and Geology Board (SMGB) to address the changes as they affect existing regulations and in some cases, require new regulations. The SMGB intends to amend Article 11 of Title 14, Division 2, Chapter 8, Subchapter 1 of the California Code of Regulations (CCR), pertaining to FAMs. Specifically, CCR sections 3802 and 3803 as well as adopt new CCR sections 3803.1, 3803.2, and 3803.3.  A formal 45-day public comment period ran from January 26 - March 13, 2018. 

Forms Incorporated by Reference

The SMGB will receive comments on modifications to the proposed regulatory text of amended sections 3802 and 3803 as well as new sections 3803.1, 3803.2, and 3803.3 in Title 14, Division 2, Chapter 8, Subchapter 1, Article 11 of the CCR. The formal 15-day public comment period will run from March 15 - 30, 2018. See associated document below.

Forms Incorporated by Reference
            • Form CD-1_Modified Proposed Text