This bill aims to streamline renewable energy development on federal public lands by establishing clearer rules for wind, solar, and geothermal projects. The legislation applies to federal lands managed by the Department of Interior and the National Forest System, affecting both current and future renewable energy developers. Starting January 1, 2025, revenues from renewable energy projects on public lands will be split four ways: 25 percent to the state where the project is located, 25 percent to affected counties, 25 percent to the federal government to expedite permit processing, and 25 percent into a new Renewable Energy Resource Conservation Fund. The Conservation Fund will support habitat restoration, wildlife protection, and recreational access in regions affected by renewable energy development, with the Secretary of Interior administering it in consultation with the Department of Agriculture. The bill includes a grandfathering provision allowing projects that applied for permits before December 19, 2016, to pay older rental and fee rates unless they agree otherwise.
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