A bill to authorize compensation to individuals, organizations, and companies impacted by the Gold King Mine wastewater spill of 2015, and for other purposes.

Bill 118 s 5192, also known as the Gold King Mine Compensation Act, is a piece of legislation that aims to provide compensation to individuals, organizations, and companies that were affected by the Gold King Mine wastewater spill of 2015. The spill, which occurred in Colorado, released millions of gallons of toxic wastewater into the Animas River, causing significant environmental damage and impacting the livelihoods of many individuals and businesses in the area.

The bill authorizes the allocation of funds to compensate those who suffered losses as a result of the spill, including property damage, economic harm, and health issues. It also establishes a process for individuals and entities to file claims for compensation and sets guidelines for determining the amount of compensation to be awarded.

In addition to providing compensation for those impacted by the spill, the bill also includes provisions for funding environmental remediation efforts in the affected area and for conducting further research and monitoring to prevent similar incidents in the future. Overall, the Gold King Mine Compensation Act seeks to address the consequences of the 2015 spill and provide support to those who were adversely affected by it, while also taking steps to prevent similar incidents from occurring in the future.