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Geothermal Energy: Government Recovers Costs for Permits and Inspections.

This new law allows the Department of the Interior to charge geothermal energy companies for the administrative costs associated with processing their leases, permits, and conducting necessary inspections. This measure aims to shift the financial burden of regulatory oversight from taxpayers directly onto the industry. This cost recovery authority is set to expire in September 2031.
Key points
Geothermal lease applicants and holders must reimburse the government for administrative costs related to permits, drilling, and facility inspections.
The recovered funds will be used specifically to finance the Department of the Interior's geothermal program operations, potentially speeding up the permitting process.
The government can reduce or waive these fees if full payment would cause economic hardship or hinder the development of geothermal resources.
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Additional Information
Print number: 118_HR_7422
Sponsor: Rep. Ocasio-Cortez, Alexandria [D-NY-14]
Process start date: 2024-02-20
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Geothermal Cost-Recovery Authority Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_7422.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-02-20.

What are the main provisions?

Key points include:

  • Geothermal lease applicants and holders must reimburse the government for administrative costs related to permits, drilling, and facility inspections.
  • The recovered funds will be used specifically to finance the Department of the Interior's geothermal program operations, potentially speeding up the permitting process.
  • The government can reduce or waive these fees if full payment would cause economic hardship or hinder the development of geothermal resources.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Ocasio-Cortez, Alexandria [D-NY-14].

What is the latest detailed status?

The latest detailed status is: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5726-5727)

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-30.

CATEGORIES

Environment Economy