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H. Rept. 118-670 1 (2024-09-12)

handle is hein.congrecreports/crptxagnc0001 and id is 1 raw text is: AUT-ENTICATED US. GOVERNMENT INFORMATION GP 118TH CONGRESS REPORT 2d Session HOUSE OF REPRESENTATIVES 118-670 GEOTHERMAL COST-RECOVERY AUTHORITY ACT OF 2024 SEPTEMBER 12, 2024.-Committed to the Committee of the Whole House on the State of the Union and ordered to be printed Mr. WESTERMAN, from the Committee on Natural Resources, submitted the following REPORT [To accompany H.R. 7422] [Including cost estimate of the Congressional Budget Office] The Committee on Natural Resources, to whom was referred the bill (H.R. 7422) to amend the Geothermal Steam Act of 1970 to pro- vide cost-recovery authority for the Department of the Interior, having considered the same, reports favorably thereon with an amendment and recommends that the bill as amended do pass. The amendment is as follows: Strike all after the enacting clause and insert the following: SECTION 1. SHORT TITLE. This Act may be cited as the Geothermal Cost-Recovery Authority Act of 2024. SEC. 2. COST RECOVERY FROM GEOTHERMAL LEASING AND PERMITTING. Section 6 of the Geothermal Steam Act of 1970 (30 U.S.C. 1005) is amended by adding at the end the following: () COST RECOVERY.- (1) IN GENERAL.-During the period that begins on the date of enactment of this subsection and ends September 30, 2031, the Secretary may require a hold- er of a geothermal lease to reimburse the United States for all reasonable ad- ministrative and other costs incurred by the United States from- (A) processing the application for the geothermal lease, including any ap- plication for an operations plan, geothermal drilling permit, utilization plan, site license, facility construction permit, commercial use permit, and any other approval associated with a geothermal lease; and (B) monitoring- (i) geophysical exploration operations; (ii) the drilling, plugging, and abandonment of wells; and (iii) the construction, operation, termination, and reclamation of any well site or facility for the utilization of geothermal resources pursuant to the geothermal lease. (2) CONSIDERATIONS.-In determining whether to require reimbursement under paragraph (1), the Secretary shall consider whether there is in existence 49-006