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Code · BILL · 116th Congress · S. 1901 (Introduced in Senate) — To promote geothermal energy, and for other purposes. · Sec. 6

Sec. 6. Use of geothermal lease revenues

142 words·~1 min read·/bill/116/s/1901/is/section-6

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Notwithstanding any other provision of law, beginning in the first full fiscal year after the date of enactment of this Act, any amounts received by the United States as rentals, royalties, and other payments required under leases pursuant to the Geothermal Steam Act of 1970 ( 30 U.S.C. 1001 et seq.) (excluding funds required to be paid to State and county governments) and from new geothermal leases issued after the date of enactment of this Act shall be deposited into a separate account in the Treasury. Amounts deposited under subsection
(a)shall be available to the Secretary of Energy for expenditure, without further appropriation or fiscal year limitation, to carry out section 5. To promote the goals described in section 2, the Secretary of Energy may authorize the expenditure or transfer of any funds that are necessary to other cooperating Federal agencies.
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Sec. 6
Use of geothermal lease revenues
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