Geothermal Cost-Recovery Authority Act of 2024
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
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.
Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources.
- Engrossed in House Formatted Text PDF Formatted XML
- Introduced in House Formatted Text PDF Formatted XML
- Referred in Senate Formatted Text PDF Formatted XML
- Reported in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 7422: Geothermal Cost-Recovery Authority Act of 2024. 118th Congress. Open America. https://openamerica.io/bill/118-HR-7422/
"H.R. 7422: Geothermal Cost-Recovery Authority Act of 2024." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-7422/.
H.R. 7422, 118th Cong. (2026), https://openamerica.io/bill/118-HR-7422/.
[H.R. 7422: Geothermal Cost-Recovery Authority Act of 2024](https://openamerica.io/bill/118-HR-7422/)