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More Frequent Geothermal Lease Sales and Mandatory Replacement Sales

This bill aims to increase the frequency of geothermal lease sales from every two years to annually. It also mandates replacement sales within the same year if an original sale is canceled or delayed. This could lead to faster development of renewable energy sources, potentially impacting energy availability and costs in the future.
Key points
Geothermal lease sales will now occur every year instead of every two years.
If a sale is canceled or delayed, a replacement sale must be conducted in the same year.
All nominated parcels eligible for geothermal development must be offered in sales.
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Expired
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Additional Information
Print number: 117_HR_9193
Sponsor: Rep. Fulcher, Russ [R-ID-1]
Process start date: 2022-10-18