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Geothermal Royalty Reform Act
Last updated: 5/20/2026 · Introduced: 9/30/2025
Author: Mike Kennedy (R-UT)
TL;DR (AI)
- The bill amends the Geothermal Steam Act of 1970 to base royalties on production from each electric generating facility.
- The calculation of geothermal royalties is modified to be based on production from each electric generating facility over a 10-year period.
- The royalties are to be calculated for each year of the 10-year period following the in-service date of the geothermal electric generating facility.
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Other Sections
Includes provisions on preamble, short title., and 1 more.
3 sections
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