Bill > HR2301

This bill aims to promote renewable energy development on federal lands by updating national goals, streamlining permitting processes, and establishing a new conservation fund. The bill increases the national goal for renewable energy production on federal lands from 25 gigawatts by 2025 to 60 gigawatts by December 31, 2030. It requires the Secretary of the Interior to designate priority areas for renewable energy projects, update programmatic environmental impact statements, and establish a more efficient application and permitting process for wind and solar energy projects. The bill creates the Renewable Energy Resource Conservation Fund, which will receive 35% of renewable energy project revenues (increasing to 40% after 2045) and will be used to restore wildlife habitats, protect natural water bodies, and improve recreational access to federal lands impacted by renewable energy projects. Additionally, the bill provides guidelines for rental rates, fees, and bonding requirements for renewable energy projects, ensuring economic fairness and predictability for developers while maintaining the principle of multiple-use land management. The legislation seeks to balance renewable energy development with environmental conservation and local economic benefits by distributing project revenues to states, counties, and the new conservation fund.

Agriculture and Natural Resources, Business and Industry

https://www.congress.gov/bill/119th-congress/house-bill/2301/all-info