A bill to amend title IV of the Surface Mining Control and Reclamation Act of 1977, to provide for acquisition and reclamation of land adversely affected by past coal mining practices, and for other purposes.

Amends the Surface Mining Control and Reclamation Act of 1977 to authorize: (1) the use of the Abandoned Mine Reclamation Fund (the Fund) to establish State administered programs to insure private property against damages from landslides caused by past coal mining activities; and (2) the Secretary of the Interior, or the State, under specified circumstances, to acquire dwellings adversely affected by such activities in lieu of performing reclamation activities.

Revises the guidelines for: (1) land acquisition; and (2) use of the Fund to relocate private residences threatened by past mining abuse, if relocation will result in significant cost savings over performing emergency reclamation activities, and safeguard the public health and safety.