H.R. 7422, also known as the “Geothermal Cost-Recovery Authority Act of 2024,” aims to amend the Geothermal Steam Act of 1970. It grants the Department of the Interior the authority to charge fees to companies for the administrative costs and monitoring activities related to...
Simple Explanation
The bill lets a government department charge for help in watching over companies using hot water and steam from the ground, making sure everything is fair and good until 2031. They need to check how it's working after a few years and report on it.