Title 42, The Public Health and WelfareRelease 119-110

§15873 Deposit and Use of Geothermal Lease Revenues for 5 Fiscal Years

Title 42 › CHAPTER 149 — NATIONAL ENERGY POLICY AND PROGRAMS › SUBCHAPTER II — RENEWABLE ENERGY › Part B — Geothermal Energy › § 15873

Last updated Sep 22, 2026|Official source

Summary

During the first five fiscal years after August 8, 2005, rentals, royalties, and other geothermal lease payments, excluding amounts due states or counties, must be deposited in a separate Treasury account. The Secretary may use those deposits to implement the Geothermal Steam Act and this Act without further approval or year limits, and may transfer funds to the Forest Service.

Full Legal Text

Title 42, §15873

The Public Health and Welfare, Source: USLM XML via OLRC

(a)Deposit of geothermal resources leases
Notwithstanding any other provision of law, amounts received by the United States in the first 5 fiscal years beginning after August 8, 2005, as rentals, royalties, and other payments required under leases under the Geothermal Steam Act of 1970 [30 U.S.C. 1001 et seq.], excluding funds required to be paid to State and county governments, shall be deposited into a separate account in the Treasury.
(b)Use of deposits
Amounts deposited under subsection (a) shall be available to the Secretary of the Interior for expenditure, without further appropriation and without fiscal year limitation, to implement the Geothermal Steam Act of 1970 [30 U.S.C. 1001 et seq.] and this Act.
(c)Transfer of funds
For the purposes of coordination and processing of geothermal leases and geothermal use authorizations on Federal land the Secretary of the Interior may authorize the expenditure or transfer of such funds as are necessary to the Forest Service.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

References in Text

The Geothermal Steam Act of 1970, referred to in subsecs. (a) and (b), is Pub. L. 91–581, Dec. 24, 1970, 84 Stat. 1566, which is classified principally to chapter 23 (§ 1001 et seq.) of Title 30, Mineral Lands and Mining. For complete classification of this Act to the Code, see

Short Title

note set out under section 1001 of Title 30 and Tables. This Act, referred to in subsec. (b), is Pub. L. 109–58, Aug. 8, 2005, 119 Stat. 594, known as the Energy Policy Act of 2005, which enacted this chapter and enacted, amended, and repealed numerous other sections and notes in the Code. For complete classification of this Act to the Code, see

Short Title

note set out under section 15801 of this title and Tables.

Reference

Citations & Metadata

Citation

42 U.S.C. § 15873

Title 42, The Public Health and Welfare

Last Updated

Sep 22, 2026

Release point: 119-110