,i #aac? ,,congress #a/ ,session ,h4 ,r4 #bjjd ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,may #ae1 #bjac ,mr4 ,simpson 7= himself & ,mr4 ,de,fazio7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,natural ,res\rces ,a ,,bill ,to exp& geo!rmal production1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,geo!rmal ,production ,expansion ,act ( #bjac4 #b4 ,noncompetitive leas+ ( adjo9+ areas = developm5t ( geo!rmal res\rces ,section #d7;b7 ( ! ,geo!rmal ,/eam ,act ( #aigj 7#cj ,u4,s4,c4 #ajjc7;b77 is am5d$ by add+ at ! end ! foll[+3 7#d7 ,adjo9+ l& 7,a7 ,def9itions ,9 ?is p>agraph3 7i7 ,fair m>ket value p] acre ,! t]m fair m>ket value p] acre means a doll> am\nt p] acre t-- 7,i7 except z provid$ 9 ?is clause1 %all be equal to ! m>ket value p] acre 7tak+ into acc\nt ! det]m9ation "u subp>agraph 7,b77iii7 reg>d+ a valid discov]y on ! adjo9+ l&7 z det]m9$ by ! ,secret>y "u regulations issu$ "u ?is p>agraph2 7,,ii7 %all be det]m9$ by ! ,secret>y ) respect to a lease "u ?is p>agraph1 by n lat] ?an ! end ( ! #ahj-;day p]iod beg9n+ on ! date ! ,secret>y receives an application = ! lease2 & 7,,iii7 %all be n less ?an ! great] (-- 7aa7 #d times ! m$ian am\nt paid p] acre = all l& leas$ "u ?is ,act dur+ ! prec$+ ye>2 or 7bb7 #ej4 7ii7 ,indu/ry /&>ds ,! t]m indu/ry /&>ds means ! /&>ds by :i* a qualifi$ geo!rmal pr(essional assesses :e!r d[nhole or fl[+ temp]ature measurem5ts ) indications ( p]meability are suffici5t to produce en]gy f geo!rmal res\rces1 z det]m9$ ?r\gh fl[ or injection te/+ or measurem5t ( lo/ circulation :ile drill+4 7iii7 ,qualifi$ ,f$]al l& ,! t]m qualifi$ ,f$]al l& means l& t is o!rwise available = leas+ "u ?is ,act4 7iv7 ,qualifi$ geo!rmal pr(essional ,! t]m qualifi$ geo!rmal pr(essional means an individual :o is an eng9e] or geosci5ti/ 9 good pr(essional /&+ ) at lea/ #e ye>s ( exp]i5ce 9 geo!rmal exploration1 developm5t1 or project assessm5t4 7v7 ,qualifi$ lessee ,! t]m qualifi$ lessee means a p]son t may hold a geo!rmal lease "u ?is ,act 7includ+ applicable regulations74 7vi7 ,valid discov]y ,! t]m valid discov]y means a discov]y ( a geo!rmal res\rce by a new or exi/+ slim hole or production well1 t exhibits d[nhole or fl[+ temp]ature measurem5ts ) indications ( p]meability t are suffici5t to meet indu/ry /&>ds4 7,b7 ,au?ority ,an area ( qualifi$ ,f$]al l& t adjo9s o!r l& = :i* a qualifi$ lessee holds a legal "r to develop geo!rmal res\rces may be available = a noncompetitive lease "u ?is section to ! qualifi$ lessee at ! fair m>ket value p] acre1 if-- 7i7 ! area ( qualifi$ ,f$]al l&-- 7,i7 consi/s ( n less ?an #a acre & n m ?an #fdj acres2 & 7,,ii7 is n already leas$ "u ?is ,act or nom9at$ to be leas$ "u subsection 7a72 7ii7 ! qualifi$ lessee has n previ\sly receiv$ a noncompetitive lease "u ?is p>agraph 9 connection ) ! valid discov]y = :i* data has be5 submitt$ "u clause 7iii77,i72 & 7iii7 suffici5t geological & o!r te*nical data prep>$ by a qualifi$ geo!rmal pr(essional has be5 submitt$ by ! qualifi$ lessee to ! applicable ,f$]al l& managem5t ag5cy t w\ld lead individuals :o are exp]i5c$ 9 ! subject matt] to believe t-- 7,i7 !re is a valid discov]y ( geo!rmal res\rces on ! l& = :i* ! qualifi$ lessee holds ! legal "r to develop geo!rmal res\rces2 & 7,,ii7 t !rmal feature ext5ds into ! adjo9+ areas4 7,c7 ,det]m9ation ( fair m>ket value 7i7 ,9 g5]al ,! ,secret>y %all-- 7,i7 publi% a notice ( any reque/ to lease l& "u ?is p>agraph2 7,,ii7 det]m9e fair m>ket value = purposes ( ?is p>agraph 9 accordance ) proc$ures = mak+ ^? det]m9ations t are e/abli%$ by regulations issu$ by ! ,secret>y2 7,,iii7 provide to a qualifi$ lessee & publi%1 ) an opportunity = public comm5t = a p]iod ( #cj days1 any propos$ det]m9ation "u ?is subp>agraph ( ! fair m>ket value ( an area t ! qualifi$ lessee seeks to lease "u ?is p>agraph2 & 7,,iv7 provide to ! qualifi$ lessee & any adv]sely affect$ p>ty ! opportunity to appeal ! f9al det]m9ation ( fair m>ket value 9 an adm9i/rative proce$+ be=e ! applicable ,f$]al l& managem5t ag5cy1 9 accordance ) applicable law 7includ+ regulations74 7ii7 ,limitation on nom9ation ,aft] publication ( a notice ( reque/ to lease l& "u ?is p>agraph1 ! ,secret>y may n accept "u subsection 7a7 any nom9ation ( ! l& = leas+ unless ! reque/ has be5 d5i$ or )drawn4 7iii7 ,annual r5tal ,= purposes ( section #e7;a77#c71 a lease aw>d$ "u ?is p>agraph %all be consid]$ a lease aw>d$ 9 a competitive lease sale4 7,d7 ,regulations ,n lat] ?an #bgj days aft] ! date ( enactm5t ( ! ,geo!rmal ,production ,expansion ,act ( #bjac1 ! ,secret>y %all issue regulations to c>ry out ?is p>agraph4 4