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H. Rept. 119-661 1 (2026-05-20)

handle is hein.congrecreports/crptxaihw0001 and id is 1 raw text is: AUTHENTICATED r U.S. GOVERNMENT INFORMATION 4 119TH CONGRESS REPORT 2d Session j HOUSE OF REPRESENTATIVES 119-661 GEOTHERMAL ROYALTY REFORM ACT MAY 20, 2026.-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. 5638] The Committee on Natural Resources, to whom was referred the bill (H.R. 5638) to amend the Geothermal Steam Act of 1970 to re- quire royalties on production from leased geothermal resources to be based on production from each electric generating facility, and for other purposes, 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 Royalty Reform Act. SEC. 2. GEOTHERMAL ROYALTIES. (a) DEFINITIONS.-Section 2 of the Geothermal Steam Act of 1970 (30 U.S.C. 1001) is amended by adding at the end the following: (h) 'Geothermal electric generating facility' means a facility, including all necessary equipment or structures (including turbines and cooling equipment), that produces electricity using geothermal resources. For purposes of section 5(a)(1), a facility described in the preceding sentence shall be considered a sepa- rate facility from any other such facility unless the facility shares a turbine with any other such facility. (i) 'In-service date' means, with respect to a geothermal electric generating facility, the date on which the geothermal electric generating facility begins op- erating.. (b) GEOTHERMAL ROYALTIES.-Section 5(a)(1) of the Geothermal Steam Act of 1970 (30 U.S.C. 1004(a)(1)) is amended- (1) in subparagraph (A)- (A) by inserting with respect to a geothermal electric generating facility producing electricity from such resources, before not less than; (B) by inserting by the geothermal electric generating facility after pro- duced; and 69-006