CONGRESS FOR VOTERS

Mike Kennedy (R-UT)

Geothermal Royalty Reform Act

H.R. 5638 · House bill Energy

A Republican bill with 1 Republican cosponsor · See the cosponsor

Last activity — Placed on the Union Calendar, Calendar No. 575.

Cleared committee, waiting for its first floor vote

A committee approved it and it is on the calendar of the chamber it started in.

This is further than most bills get, and still no promise of a vote: the calendar is a queue, and the majority leadership decides what is called. A bill can sit here until the Congress ends.

Its path through Congress

  1. Introduced
  2. On Calendar

What this bill would do

This bill is called the Geothermal Royalty Reform Act. It amends the Geothermal Steam Act of 1970. The text requires royalties on production from leased geothermal resources to be based on production from each electric generating facility. It adds definitions for a geothermal electric generating facility and an in-service date. It changes how the 10-year period for royalty rates is calculated based on the in-service date of the facility.

Yes· 3 of 6

  • Scored +6

    Would business owners be better off under this?

    Energy companies benefit from a royalty structure that tracks specific facility lifecycles rather than the overall lease duration.

  • Scored +5

    Does this cut taxes for small businesses?

    By resetting the 10-year royalty period to the facility's in-service date, the bill provides more favorable long-term royalty terms for new geothermal facility investments.

  • Scored +5

    Does this put more money into wind, solar and other renewable power?

    The bill facilitates geothermal energy development by aligning royalty periods with when specific facilities actually begin operating.

The opposite

No question was scored the opposite.