Bill

Bill > HR4252


US HR4252

Geothermal Production Expansion Act of 2017


summary

Introduced
11/03/2017
In Committee
11/14/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Geothermal Production Expansion Act of 2017 This bill amends the Geothermal Steam Act of 1970 to allow the Department of the Interior to award noncompetitive leases on up to 640 acres of federal land for geothermal development if: (1) the land is available for leasing and not already leased or nominated to be leased, (2) the lessee has a legal right to develop geothermal resources on land adjacent to the federal land that will be leased, (3) sufficient data was submitted to Interior to show there is a valid discovery of geothermal resources on the adjacent land and that the thermal feature extends into the adjoining federal land, and (4) the lessee has not previously received a noncompetitive lease for the discovery. Interior must lease the land at fair market value, publish a notice of any lease requests, and provide review of the final determination of fair market value. Lessees must make annual rental payments equal to those required for lands that are leased competitively.

AI Summary

This bill amends the Geothermal Steam Act of 1970 to allow the Department of the Interior to award noncompetitive leases on up to 640 acres of federal land for geothermal development. The key provisions include: (1) the land must be available for leasing and not already leased or nominated, (2) the lessee must have the legal right to develop geothermal resources on adjacent land, (3) sufficient data must show a valid discovery of geothermal resources on the adjacent land and that the feature extends into the federal land, and (4) the lessee must not have previously received a noncompetitive lease for this discovery. The Department must lease the land at fair market value, publish any lease requests, and provide a review process for the fair market value determination.

Committee Categories

Agriculture and Natural Resources

Sponsors (2)

Last Action

Referred to the Subcommittee on Energy and Mineral Resources. (on 11/14/2017)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...