HR 7422 · 118th Congress · Energy
Geothermal Cost-Recovery Authority Act of 2024
Bill Progress
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Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources.(2024-09-25)
Plain Language Summary
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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 applicants for or holders of geothermal leases. Specifically, Interior may direct those applicants or 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) inspecting and monitoring geothermal exploration and development activities, including reclamation activities.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 7422, Geothermal Cost-Recovery Authority Act of 2024
Sep 4, 2024As ordered reported by the House Committee on Natural Resources on April 16, 2024
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office