American Energy Worker Opportunity Act of 2024

The American Energy Worker Opportunity Act of 2024 creates a new Office of American Energy Workers within the Treasury Department to support workers displaced by coal mine or fossil fuel plant closures. It provides eligible workers (those with 12+ months of near-full-time employment at a closing facility) with 60 months of wage replacement payments (adjusted for inflation), health insurance premium assistance, retirement savings contributions, and educational benefits for them and their children. The bill requires facility operators to notify the Treasury 90 days before closure and prioritizes hiring these workers for new clean energy projects funded by federal grants. This law directly affects workers in coal and fossil fuel industries facing permanent layoffs, offering concrete financial and career transition support.