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HR 7422 118th Congress House Energy Alternative and renewable resources Electric power generation and transmission Environmental assessment, monitoring, research Land use and conservation Mining Pollution liability User charges and fees

Geothermal Cost-Recovery Authority Act of 2024

Introduced: February 20, 2024 Introduced by: Ocasio-Cortez, Alexandria Democratic · New York See on congress.gov
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 Everywhere this bill has been 16 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 25, 2024
Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources.
Sep 24, 2024
Motion to reconsider laid on the table Agreed to without objection.
Sep 24, 2024
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5726-5727)
Sep 24, 2024
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5726-5727)
Sep 24, 2024
DEBATE - The House proceeded with forty minutes of debate on H.R. 7422.
Sep 24, 2024
Considered under suspension of the rules. (consideration: CR H5726-5727)
Sep 24, 2024
Mr. Westerman moved to suspend the rules and pass the bill, as amended.
Sep 12, 2024
Placed on the Union Calendar, Calendar No. 566.
Sep 12, 2024
Reported (Amended) by the Committee on Natural Resources. H. Rept. 118-670.
Apr 16, 2024
Ordered to be Reported in the Nature of a Substitute by Unanimous Consent.
Apr 16, 2024
Committee Consideration and Mark-up Session Held
Apr 16, 2024
Subcommittee on Energy and Mineral Resources Discharged
Mar 6, 2024
Subcommittee Hearings Held
Mar 4, 2024
Referred to the Subcommittee on Energy and Mineral Resources.
Feb 20, 2024
Referred to the House Committee on Natural Resources.
Feb 20, 2024
Introduced in House
 Plain-English summary Congressional Research Service

Geothermal Cost-Recovery Authority Act of 2024

This bill expands the Geothermal Steam Act of 1970 to give the Department of the Interior the authority to collect certain fees from holders of geothermal leases through September 30, 2031. Specifically, Interior may direct those leaseholders to reimburse the United States for costs from (1) processing applications for geothermal leases on federal land, such as applications for geothermal drilling permits; and (2) monitoring geothermal exploration and development activities, including reclamation activities. Interior may reduce the amount of the fee if it determines that (1) the full reimbursement would impose an economic hardship on the leaseholder, or (2) a less than full reimbursement is necessary to promote the greatest use of geothermal resources.

Interior must use those fees for processing applications for geothermal leases and monitoring related exploration and development activities. 

Within five years of the bill's enactment, Interior must submit to Congress a report that includes an assessment of how the fees affect Interior's geothermal leasing program and any recommendations for updates to the fees and the program. 

What's happening now September 25, 2024

Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources.

 Committees of jurisdiction 3