H.R. 5638 · On the floor · Energy

Geothermal Royalty Reform Act

What it does

Amends the Geothermal Steam Act of 1970 to define a geothermal electric generating facility as one that produces electricity from geothermal resources, with facilities sharing a turbine treated as a single facility.
Requires royalty calculations on geothermal production to be based on output from each individual electric generating facility rather than the lease as a whole.
Resets the 10-year royalty period for each new geothermal electric generating facility based on its in-service date, rather than the original lease commencement date.

May 20, 2026: Placed on the Union Calendar, Calendar No. 575.

Committee: House Natural Resources