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Code · STATUTE-COMPILATIONS · John S. McCain National Defense Authorization Act for Fiscal Year 2019 · Sec. 313

Sec. 313. USE OF PROCEEDS FROM SALES OF ELECTRICAL ENERGY DERIVED FROM GEOTHERMAL RESOURCES FOR PROJECTS AT MILITARY INSTALLATIONS WHERE RESOURCES ARE LOCATED

178 words·~1 min read·/statute-compilations/comps-15483/sec-313

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## SEC. 313 USE OF PROCEEDS FROM SALES OF ELECTRICAL ENERGY DERIVED FROM GEOTHERMAL RESOURCES FOR PROJECTS AT MILITARY INSTALLATIONS WHERE RESOURCES ARE LOCATED Subsection
(b)of section 2916 of title 10, United States Code, is amended— ####
(1)in paragraph (1), by striking “Proceeds” and inserting “Except as provided in paragraph (3), proceeds”; and ####
(2)by adding at the end the following new paragraph: > > #### “(3) > > In the case of proceeds from a sale of electrical energy generated from any geothermal energy resource— > > > ##### “(A) > > 50 percent shall be credited to the appropriation account described in paragraph (1); and > > > ##### “(B) > > 50 percent shall be deposited in a special account in the Treasury established by the Secretary concerned which shall be available, for military construction projects described in paragraph
(2)or for installation energy or water security projects directly coordinated with local area energy or groundwater governing authorities, for the military installation in which the geothermal energy resource is located.” > .
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