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S. 4605 · 119th Congress — Geothermal Cost-Recovery Authority Act of 2026

Geothermal Cost-Recovery Authority Act of 2026 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 through…

Congress
119
Bill
S 4605
Status
In Progress
Introduced
2026-05-20
Latest action date
2026-07-15

Record overview

Geothermal Cost-Recovery Authority Act of 2026 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 through September 30, 2032. 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. Interior may reduce the amount of the fee if it determines that (1) the full reimbursement would impose an economic hardship on the applicant, or (2) a less than full reimbursement is necessary to promote the greatest use of geothermal resources. Interior may use those fees only to the extent that they are provided in advance in appropriations acts for (1) processing applications for geothermal leases, and (2) inspecting and monitoring related exploration and development activities.

Latest action

Committee on Energy and Natural Resources Subcommittee on Public Lands, Forests, and Mining. Hearings held.

Sponsors

Record provenance

Stored record updated: 2026-09-08. This is separate from the action date and does not establish enactment.

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