Sec. 50303. Renewable energy revenue sharing
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/bill/119/hr/1/eas/section-50303A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In this section: The term county includes a parish, township, borough, and any other similar, independent unit of local government. The term covered land means land that is— public land administered by the Secretary; and not excluded from the development of solar or wind energy under— a land use plan; or other Federal law. The term National Forest System means land of the National Forest System (as defined in section 11(a) of the Forest and Rangeland Renewable Resources Planning Act of 1974 ( 16 U.S.C. 1609(a) )) administered by the Secretary of Agriculture.
The term National Forest System does not include any forest reserve not created from the public domain. The term public land means— public lands (as defined in section 103 of the Federal Land Policy and Management Act of 1976 ( 43 U.S.C. 1702 )); and National Forest System land. The term renewable energy project means a system described in section 2801.9(a)(4) of title 43, Code of Federal Regulations (as in effect on the date of enactment of this Act), located on covered land that uses wind or solar energy to generate energy.
The term Secretary means— the Secretary of the Interior, with respect to land controlled or administered by the Secretary of the Interior; and the Secretary of Agriculture, with respect to National Forest System land. Beginning on January 1, 2026, the amounts collected from a renewable energy project as bonus bids, rentals, fees, or other payments under a right-of-way, permit, lease, or other authorization shall— be deposited in the general fund of the Treasury; and without further appropriation or fiscal year limitation, be allocated as follows: 25 percent shall be paid from amounts in the general fund of the Treasury to the State within the boundaries of which the revenue is derived. 25 percent shall be paid from amounts in the general fund of the Treasury to each county in a State within the boundaries of which the revenue is derived, to be allocated among each applicable county based on the percentage of county land from which the revenue is derived.
Amounts paid to States and counties under paragraph
(1)shall be used in accordance with the requirements of section 35 of the Mineral Leasing Act ( 30 U.S.C. 191 ). A payment to a county under paragraph
(1)shall be in addition to a payment in lieu of taxes received by the county under chapter 69 of title 31, United States Code. The amounts required to be paid under paragraph (1)(B) for an applicable fiscal year shall be made available in the fiscal year that immediately follows the fiscal year for which the amounts were collected.
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