Title 30Mineral Lands and MiningRelease 119-73

§1514 Program termination

Title 30 › Chapter CHAPTER 27— - GEOTHERMAL ENERGY › Subchapter SUBCHAPTER I— - PROJECT LOANS › § 1514

Last updated Apr 6, 2026|Official source

Summary

After September 30, 1986, no new loans can be made under this subchapter. Repayments by that date go to the Geothermal Resources Development Fund; repayments after that date and any Fund money not needed for obligations go to the U.S. Treasury as miscellaneous receipts.

Full Legal Text

Title 30, §1514

Mineral Lands and Mining — Source: USLM XML via OLRC

No new loans shall be made under this subchapter after September 30, 1986. Amounts repaid on or before September 30, 1986, on loans theretofore made under section 1511 of this title shall be deposited in the Geothermal Resources Development Fund for purposes of this subchapter. Amounts repaid after that date on loans theretofore made under section 1511 of this title, and amounts deposited in the Fund for purposes of this subchapter which remain in the Fund after that date and are not required to secure outstanding obligations under this subchapter, shall be deposited into the United States Treasury as miscellaneous receipts.

Reference

Citations & Metadata

Citation

30 U.S.C. § 1514

Title 30Mineral Lands and Mining

Last Updated

Apr 6, 2026

Release point: 119-73