Geothermal Royalty Reform Act
Sponsored By: Representative Kennedy, Mike [R-UT-3]
In Committee
Summary
Bases geothermal royalties on each electric generating facility's production. It amends the Geothermal Steam Act to assign royalty obligations using each electric generating facility's output rather than aggregate production across facilities.
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- Operators and leaseholders: Royalties are calculated "by such facility," so each plant's output determines the royalty owed rather than combined output from multiple facilities.
- Existing minimums: The bill keeps the current "not less than" baseline rates but applies them at the facility level, changing how royalty amounts are attributed.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Royalties set per geothermal plant
This bill would change how geothermal royalties are calculated. Payments would be based on what each electric power plant produces, not a company’s combined output. Facility owners and leaseholders would owe royalties per plant. Some could pay more and others less, depending on each plant’s production. The bill gives no new rates, dates, or reporting rules.
Sponsors & CoSponsors
Sponsor
Kennedy, Mike [R-UT-3]
UT • R
Cosponsors
Rep. Begich, Nicholas J. [R-AK-At Large]
AK • R
Sponsored 12/16/2025
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov