Geothermal Energy Initiative Act of 2004

Bill: 108-hr-4094
Sponsor: Rep. Millender-McDonald, Juanita [D-CA-37]
Introduced: 2004-03-31 in the House
Policy area: Energy
Subjects: Administrative procedure
Armed Forces and National Security
Commerce
Congress
Congressional reporting requirements
Costs
Department of Agriculture
Department of the Interior
Economics and Public Finance
Electric power production
Electric utilities
Energy development
Energy supplies
Energy transportation
Environmental Protection
Environmental assessment
Geothermal resources
Government Operations and Politics
Government lending
Government paperwork
Income tax
Land use
Law
Licenses
Military bases
Mining royalties
National forests
Public Lands and Natural Resources
Right-of-way
Subsidies
Tax credits
Taxation
Transportation and Public Works

Summary:
action_date: 2004-03-31
text: 
Geothermal Energy Initiative Act of 2004 - Amends the Internal Revenue Code to include geothermal energy and certain geothermal energy facilities as qualified energy resources and appurtenant facilities eligible for the renewable electricity production credit.
 
Directs the Secretary of Energy to: (1) review and publish annually the available assessments of geothermal energy resources available within the United States; and (2) undertake new assessments as necessary, taking into account changes in market conditions, available technologies, and other relevant factors.
 
Requires such report to contain a detailed inventory describing the available amount and characteristics of geothermal energy resources.
 
Directs the Secretary of the Interior and the Secretary of Agriculture to expedite development of geothermal energy in making revisions to certain land use plans for public lands and National Forest System lands, respectively.
 
Directs the Secretary of the Interior to report to Congress on recommendations for geothermal energy development on Federal land, including a list, developed in consultation with the Secretaries of Energy and of Defense, of lands under their jurisdictions, that would be suitable for development for geothermal energy, and recommended statutory and regulatory mechanisms for such development.
 
Instructs the Secretary of the Interior and the Secretary of Agriculture to enter into and submit to Congress a memorandum of understanding regarding leasing and permitting for geothermal development of public lands under their respective jurisdictions.
 
Amends the Geothermal Steam Act of 1970 to authorize the Secretary of the Interior to reimburse certain persons through royalty credits, for reasonable amounts paid for preparation of project-level analysis, documentation, or related study required under the National Environmental Policy Act of 1969 with respect to the lease.


Legislative actions:
action_date: 2004-04-27
text: Sponsor introductory remarks on measure. (CR H2398-2399)
action_date: 2004-04-19
text: Referred to the Subcommittee on Department Operations, Oversight, Nutrition and Forestry.
action_date: 2004-04-15
text: Executive Comment Requested from Interior.
action_date: 2004-04-15
text: Referred to the Subcommittee on Energy and Mineral Resources.
action_date: 2004-03-31
text: Referred to the Committee on Resources, and in addition to the Committees on Ways and Means, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2004-03-31
text: Referred to the Committee on Resources, and in addition to the Committees on Ways and Means, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2004-03-31
text: Referred to the Committee on Resources, and in addition to the Committees on Ways and Means, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2004-03-31
text: Referred to the Committee on Resources, and in addition to the Committees on Ways and Means, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2004-03-31
text: Introduced in House
action_date: 2004-03-31
text: Introduced in House