H.R. 7422, or the "Geothermal Cost-Recovery Authority Act of 2024," aims to amend the Geothermal Steam Act of 1970. It gives the Department of the Interior the authority to recover costs from those applying for or holding geothermal leases for things like application...
Simple Explanation
H.R. 7422 is a bill where the government can now ask people who want to use underground heat (geothermal energy) for money to help pay for paperwork and checks until 2031. They also promise to write a report in five years to see how it’s going and what they can do better.