,,ii #aac? ,,congress #a/ ,session ,s4 #bgi ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,febru>y #aa1 #bjac ,mr4 ,te/] 7= himself1 ,mr4 ,hell]1 ,mr4 ,udall ( ,colorado1 ,mr4 ,udall ( ,new ,mexico1 ,mr4 ,ris*1 ,mr4 ,he9ri*1 ,mr4 ,baucus1 & ,mr4 ,b5net7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,en]gy & ,natural ,res\rces ,a ,,bill ,to promote ! developm5t ( r5ewable en]gy on public l&1 & = o!r purposes4 #a4 ,%ort title2 table ( cont5ts 7a7 ,%ort title ,?is ,act may be cit$ z ! ,public ,l& ,r5ewable ,en]gy ,developm5t ,act ( #bjac4 7#a7 ,table ( cont5ts ,! table ( cont5ts = ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title2 table ( cont5ts4 ,,title ,i--,geo!rmal en]gy ,sec4 #aja4 ,ext5sion ( fund+ = implem5tation ( ,geo!rmal ,/eam ,act ( #aigj4 ,,title ,,ii--,developm5t ( sol> & w9d en]gy on public l& ,sec4 #bja4 ,def9itions4 ,sec4 #bjb4 ,programmatic environm5tal impact /atem5ts & l& use plann+4 ,sec4 #bjc4 ,developm5t ( sol> & w9d en]gy on public l&4 ,sec4 #bjd4 ,disposition ( rev5ues4 ,sec4 #bje4 ,royalties4 ,sec4 #bjf4 ,en=cem5t ( royalty & paym5t provisions4 ,sec4 #bjg4 ,en=cem5t4 ,sec4 #bjh4 ,segregation f appropriation "u m9+ & ,f$]al l& laws4 ,sec4 #bji4 ,report4 ,sec4 #baj4 ,applicability ( law4 ,i ,geo!rmal en]gy #aja4 ,ext5sion ( fund+ = implem5tation ( ,geo!rmal ,/eam ,act ( #aigj 7a7 ,9 g5]al ,section #bcd7;a7 ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #aehgc7;a77 is am5d$ by /rik+ 9 ! fir/ #e fiscal ye>s beg9n+ aft] ! date ( enactm5t ( ?is ,act & ins]t+ ?r\gh fiscal ye> #bjbj4 7b7 ,au?orization ,section #bcd7;b7 ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #aehgc7;b77 is am5d$-- 7#a7 by /rik+ ,am\nts & ins]t+ ! foll[+3 7#a7 ,9 g5]al ,am\nts 2 & 7#b7 by add+ at ! end ! foll[+3 7#b7 ,au?orization ,effective = fiscal ye> #bjac & ea* fiscal ye> !reaft]1 am\nts deposit$ "u subsection 7a7 %all be available to ! ,secret>y ( ! ,int]ior = exp5diture1 subject to appropriation & )\t fiscal ye> limitation1 to implem5t ! ,geo!rmal ,/eam ,act ( #aigj 7#cj ,u4,s4,c4 #ajja et seq47 & ?is ,act4 4 ,,ii ,developm5t ( sol> & w9d en]gy on public l& #bja4 ,def9itions ,9 ?is title3 7#a7 ,cov]$ l& ,! t]m cov]$ l& means l& t is-- 7,a7 7i7 public l& adm9i/]$ by ! ,secret>y2 or 7ii7 ,national ,=e/ ,sy/em l& adm9i/]$ by ! ,secret>y ( ,agriculture2 & 7,b7 n exclud$ f ! developm5t ( sol> or w9d en]gy "u-- 7i7 a l& use plan e/abli%$ "u ! ,f$]al ,l& ,policy & ,managem5t ,act ( #aigf 7#dc ,u4,s4,c4 #agja et seq472 7ii7 a l& use plan e/abli%$ "u ! ,national ,=e/ ,managem5t ,act ( #aigf 7#af ,u4,s4,c4 #afjj et seq472 or 7iii7 o!r law4 7#b7 ,pilot program ,! t]m pilot program means ! w9d & sol> leas+ pilot program e/abli%$ "u section #bjc7;a74 7#c7 ,public l& ,! t]m public l& has ! mean+ giv5 ! t]m public l&s 9 section #ajc ( ! ,f$]al ,l& ,policy & ,managem5t ,act ( #aigf 7#dc ,u4,s4,c4 #agjb74 7#d7 ,secret>ies ,! t]m ,secret>ies means-- 7,a7 9 ! case ( public l& adm9i/]$ by ! ,secret>y1 ! ,secret>y2 & 7,b7 9 ! case ( ,national ,=e/ ,sy/em l& adm9i/]$ by ! ,secret>y ( ,agriculture1 ! ,secret>y ( ,agriculture4 7#e7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ! ,int]ior4 #bjb4 ,programmatic environm5tal impact /atem5ts & l& use plann+ 7a7 ,national =e/ sy/em l& ,z soon z practicable b n lat] ?an #b ye>s aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y ( ,agriculture %all-- 7#a7 prep>e & publi% 9 ! ,f$]al ,regi/] a notice ( int5t to prep>e a programmatic environm5tal impact /atem5t 9 accordance ) ! ,national ,environm5tal ,policy ,act ( #aifi 7#db ,u4,s4,c4 #dcba et seq47 to analyze ! pot5tial impacts (-- 7,a7 a program to develop sol> & w9d en]gy on ,national ,=e/ ,sy/em l& adm9i/]$ by ! ,secret>y ( ,agriculture2 & 7,b7 any necess>y am5dm5ts to l& use plans = ! l&2 & 7#b7 am5d any l& use plans z appropriate to provide = ! developm5t ( r5ewable en]gy 9 areas consid]$ appropriate by ! ,secret>y ( ,agriculture imm$iately on completion ( ! programmatic environm5tal impact /atem5t4 7b7 ,effect on process+ applications ,! requirem5t = completion ( programmatic environm5tal impact /atem5ts "u ?is section %all n result 9 any delay 9 process+ or approv+ applications = w9d or sol> developm5t on ,national ,=e/ ,sy/em l&4 7c7 ,milit>y in/allations 7#a7 ,report ,n lat] ?an #b ye>s aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y ( ,def5se1 9 consultation ) ! ,secret>y ( ! ,int]ior1 %all conduct a /udy1 & prep>e a report1 = ,/ates t h n complet$ ! analysis t-- 7,a7 id5tifies locations on l& )drawn f ! public doma9 & res]v$ = milit>y purposes t-- 7i7 exhibit a high pot5tial = sol>1 w9d1 geo!rmal1 or o!r r5ewable en]gy production2 7ii7 are di/urb$ or o!rwise h comp>atively l[ value = o!r res\rces2 & 7iii7 c\ld be develop$ = r5ewable en]gy production 9 a mann] consi/5t ) all pres5t & reasonably =eseeable milit>y tra9+ & op]ational missions & rese>*1 developm5t1 te/+1 & evaluation requirem5ts2 & 7,b7 describes ! adm9i/ration ( public l& )drawn = milit>y purposes = ! developm5t ( comm]cial-scale r5ewable en]gy projects1 includ+ ! legal au?orities gov]n+ au?orization = t use4 7#b7 ,environm5tal impact analysis ,n lat] ?an #a ye> aft] ! completion ( ! /udy requir$ by p>agraph 7#a71 ! ,secret>y ( ,def5se1 9 consultation ) ! ,secret>y ( ! ,int]ior1 %all prep>e & publi% 9 ! ,f$]al ,regi/] a notice ( int5t to prep>e an environm5tal impact analysis docum5t to support a program to develop r5ewable en]gy on )drawn milit>y l& id5tifi$ 9 ! /udy z suitable = ! production4 7#c7 ,reports ,on completion ( ! report1 ! ,secret>y & ! ,secret>y ( ,def5se %all jo9tly submit ! report requir$ by p>agraph 7#a7 to-- 7,a7 ! ,committee on ,arm$ ,s]vices ( ! ,s5ate2 7,b7 ! ,committee on ,en]gy & ,natural ,res\rces ( ! ,s5ate2 7,c7 ! ,committee on ,arm$ ,s]vices ( ! ,h\se ( ,repres5tatives2 & 7,d7 ! ,committee on ,natural ,res\rces ( ! ,h\se ( ,repres5tatives4 #bjc4 ,developm5t ( sol> & w9d en]gy on public l& 7a7 ,pilot program 7#a7 ,9 g5]al ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all e/abli% a w9d & sol> leas+ pilot program on cov]$ l& adm9i/]$ by ! ,secret>y4 7#b7 ,selection ( sites 7,a7 ,9 g5]al ,n lat] ?an #ij days aft] ! date ! pilot program is e/abli%$ "u ?is subsection1 ! ,secret>y %all 7tak+ into consid]ation ! multiple res\rce values ( ! l&7 select #b sites t are appropriate = ! developm5t ( a sol> en]gy project1 & #b sites t are appropriate = ! developm5t ( a w9d en]gy project1 on cov]$ l& adm9i/]$ by ! ,secret>y z "p ( ! pilot program4 7,b7 ,site selection ,9 c>ry+ out subp>agraph 7,a71 ! ,secret>y %all seek to select sites-- 7i7 = :i* !re is likely to be a high level ( indu/ry int]e/2 7ii7 t h a comp>atively l[ value = o!r res\rces2 & 7iii7 t are repres5tative ( sites on :i* sol> or w9d en]gy is likely to be develop$ on cov]$ l&4 7,c7 ,ineligible sites ,! ,secret>y %all n select z "p ( ! pilot program any site = :i* a notice ( int5t has be5 issu$4 7#c7 ,qualifications ,prior to any lease sale1 ! ,secret>y %all e/abli% qualifications = bidd]s t ensure bidd]s-- 7,a7 are able to exp$iti\sly develop a w9d or sol> en]gy project on ! site = lease2 7,b7 possess-- 7i7 f9ancial res\rces necess>y to complete a project2 7ii7 k ( ! applicable te*nology2 & 7iii7 su* o!r qualifications z are det]m9$ appropriate by ! ,secret>y2 & 7,c7 meet ! eligibility requirem5ts = leas+ "u ! fir/ section ( ! ,m9]al ,leas+ ,act 7#cj ,u4,s4,c4 #aha74 7#d7 ,lease sales 7,a7 ,9 g5]al ,except z provid$ 9 subp>agraph 7,d77ii71 n lat] ?an #ahj days aft] ! date sites are select$ "u p>agraph 7#b71 ! ,secret>y %all (f] ea* site = competitive leas+ to qualifi$ bidd]s "u su* t]ms & conditions z are requir$ by ! ,secret>y4 7,b7 ,bidd+ sy/ems 7i7 ,9 g5]al ,9 (f]+ ! sites = lease1 ! ,secret>y may v>y ! bidd+ sy/ems to be us$ at ea* lease sale1 to ensure a fair return to ! public1 includ+-- 7,i7 ca% bonus bids ) a requirem5t = paym5t ( ! royalty e/abli%$ "u ?is ,act2 7,,ii7 v>iable royalty bids bas$ on a p]c5tage ( ! gross proce$s f ! sale ( electricity produc$ f ! lease1 except t ! royalty %all n be less ?an ! royalty requir$ "u ?is ,act1 toge!r ) a fix$ ca% bonus2 & 7,,iii7 su* o!r bidd+ sy/em z ensures a fair return to ! public consi/5t ) ! royalty e/abli%$ "u ?is ,act4 7ii7 ,r\nd ,! ,secret>y %all limit bidd+ to #a r\nd 9 any lease sale4 7iii7 ,exp5ditures ,9 any case 9 :i* ! l& t is subject to lease has #a or m p5d+ applications = ! developm5t ( w9d or sol> en]gy at ! "t ( ! lease sale1 ! ,secret>y %all give cr$it t[>d any bid submitt$ by ! applicant = exp5ditures ( ! applicant consid]$ by ! ,secret>y to be qualifi$ & necess>y = ! prep>ation ( ! application4 7,c7 ,rev5ues ,bonus bids1 royalties1 r5tals1 fees1 or o!r paym5ts collect$ by ! ,secret>y "u ?is section %all be subject to section #bjd4 7,d7 ,lease t]ms 7i7 ,9 g5]al ,z "p ( ! pilot program1 ! ,secret>y may v>y ! l5g? ( ! lease t]ms & e/abli% su* o!r lease t]ms & conditions z ! ,secret>y consid]s appropriate4 7ii7 ,data collection ,z "p ( ! pilot program1 ! ,secret>y %all-- 7,i7 (f] on a noncompetitive basis on at lea/ #a site a %ort-t]m lease = data collection2 & 7,,ii7 on ! expiration ( ! %ort-t]m lease1 (f] on a competitive basis a long-t]m lease1 giv+ cr$it t[>d ! bonus bid to ! hold] ( ! %ort-t]m lease = any qualifi$ exp5ditures to collect data to develop ! site dur+ ! %ort-t]m lease4 7#e7 ,compliance ) laws ,9 (f]+ = lease ! select$ sites "u p>agraph 7#d71 ! ,secret>y %all comply ) all applicable environm5tal & o!r laws4 7#f7 ,report ,! ,secret>y %all-- 7,a7 compile a report ( ! results ( ea* lease sale "u ! pilot program1 includ+-- 7i7 ! level ( competitive int]e/2 7ii7 a summ>y ( bids & rev5ues receiv$2 & 7iii7 any o!r factors t may h impact$ ! lease sale process2 & 7,b7 n lat] ?an #ij days aft] ! f9al lease sale1 submit to ! ,committee on ,en]gy & ,natural ,res\rces ( ! ,s5ate & ! ,committee on ,natural ,res\rces ( ! ,h\se ( ,repres5tatives ! report describ$ 9 subp>agraph 7,a74 7#g7 ,rights-(-way ,dur+ ! p5d5cy ( ! pilot program1 ! ,secret>y %all cont9ue to issue rights-(-way1 9 compliance ) au?ority 9 effect on ! date ( enactm5t ( ?is ,act1 = available sites n select$ = ! pilot program4 7b7 ,secret>ial det]m9ation 7#a7 ,9 g5]al ,n lat] ?an #b ye>s aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>ies %all make a jo9t det]m9ation on :e!r to e/abli% a leas+ program "u ?is section = w9d or sol> en]gy1 or bo?1 on all cov]$ l&4 7#b7 ,sy/em ,if ! ,secret>ies det]m9e t a leas+ program %\ld be e/abli%$1 ! program %all apply to all cov]$ l& 9 accordance ) ?is ,act & o!r provisions ( law applicable to public l& or ,national ,=e/ ,sy/em l&4 7#c7 ,e/abli%m5t ,! ,secret>ies %all e/abli% a leas+ program unless ! ,secret>ies det]m9e t ! program-- 7,a7 is n 9 ! public int]e/2 & 7,b7 does n provide an effective means ( develop+ w9d or sol> en]gy4 7#d7 ,consultation ,9 mak+ ! det]m9ations requir$ "u ?is subsection1 ! ,secret>ies %all consult )-- 7,a7 ! heads ( o!r relevant ,f$]al ag5cies2 7,b7 int]e/$ ,/ates1 ,indian tribes1 & local gov]nm5ts2 7,c7 repres5tatives ( ! sol> & w9d indu/ries2 7,d7 repres5tatives ( ! environm5t1 cons]vation1 & outdoor sport+ communities2 7,e7 o!r us]s ( ! cov]$ l&2 & 7,f7 ! public4 7#e7 ,consid]ations ,9 mak+ ! det]m9ations requir$ "u ?is subsection1 ! ,secret>ies %all consid] ! results ( ! pilot program4 7#f7 ,regulations ,n lat] ?an #a ye> aft] ! date on :i* any det]m9ation is made to e/abli% a leas+ program1 ! ,secret>ies %all jo9tly promulgate f9al regulations to implem5t ! program4 7#g7 ,report ,if ! ,secret>ies det]m9e t a leas+ program %\ld n be e/abli%$1 n lat] ?an #fj days aft] ! date ( ! det]m9ation1 ! ,secret>ies %all jo9tly submit to ! ,committee on ,en]gy & ,natural ,res\rces ( ! ,s5ate & ! ,committee on ,natural ,res\rces ( ! ,h\se ( ,repres5tatives a report describ+ ! basis & f9d+s = ! det]m9ation4 7c7 ,transition 7#a7 ,9 g5]al ,if ! ,secret>ies det]m9e "u subsection 7b7 t a leas+ program %\ld be e/abli%$ = cov]$ l&1 until ! program is e/abli%$ & f9al regulations = ! program are issu$-- 7,a7 ! ,secret>y %all cont9ue to accept applications = rights-(-way on cov]$ l&1 & provide = ! issuance ( rights-(-way on cov]$ l& )9 ! jurisdiction ( ! ,secret>y = ! developm5t ( w9d or sol> en]gy pursuant to ea* requirem5t describ$ 9 title ,v ( ! ,f$]al ,l& ,policy & ,managem5t ,act ( #aigf 7#dc ,u4,s4,c4 #agfa et seq47 & o!r applicable law2 & 7,b7 ! ,secret>y ( ,agriculture %all cont9ue to accept applications = au?orizations1 & provide = ! issuance ( ! au?orizations1 = ! developm5t ( w9d or sol> en]gy on cov]$ l& )9 ! jurisdiction ( ! ,secret>y pursuant to applicable law4 7#b7 ,exi/+ rights-(-way & au?orizations 7,a7 ,9 g5]al ,effective beg9n+ on ! date on :i* ! w9d or sol> leas+ programs are e/abli%$ & f9al regulations are issu$1 ! ,secret>ies %all n r5ew an exi/+ "r-(-way or o!r au?orization = w9d or sol> en]gy developm5t at ! end ( ! t]m ( ! "r-(-way or au?orization4 7,b7 ,lease 7i7 ,9 g5]al ,subject to clause 7ii71 at ! end ( ! t]m ( ! "r-(-way or o!r au?orization = ! w9d or sol> en]gy project1 ! ,secret>y or1 9 ! case ( ,national ,=e/ ,sy/em l&1 ! ,secret>y ( ,agriculture1 %all grant1 )\t a competitive process1 a lease to ! hold] ( ! "r-(-way or o!r au?orization = ! same cov]$ l& z 0 au?oriz$ "u ! "r-(-way or o!r au?orization if 7z det]m9$ by ! ,secret>y conc]n$7-- 7,i7 ! hold] ( ! "r-(-way or o!r au?orization has met ! requirem5ts ( dilig5t developm5t2 & 7,,ii7 issuance ( ! lease is 9 ! public int]e/ & consi/5t ) applicable law4 7ii7 ,t]ms & conditions ,any lease describ$ 9 clause 7i7 %all be subject to-- 7,i7 t]ms & conditions t are consi/5t ) ?is ,act & ! regulations issu$ "u ?is ,act2 & 7,,ii7 ! regulations 9 effect on ! date ( r5ewal & any o!r t]ms & conditions t ! ,secret>y consid]s necess>y to protect ! public int]e/4 7#c7 ,p5d+ rights-(-way ,effective beg9n+ on ! date on :i* ! w9d or sol> leas+ programs are e/abli%$ & f9al regulations = ! programs are issu$1 ! ,secret>y or1 ) respect to ,national ,=e/ ,sy/em l&1 ! ,secret>y ( ,agriculture %all provide any applicant t has fil$ a plan ( developm5t = a "r-(-way or1 9 ! case ( ,national ,=e/ ,sy/em l&1 = an applicable au?orization1 = a w9d or sol> en]gy project ) an option to acquire a lease on a noncompetitive basis1 "u su* t]ms & conditions z are requir$ by ?is ,act1 applicable regulations1 & ! ,secret>y conc]n$1 = ! same cov]$ l& includ$ 9 ! plan ( developm5t if-- 7,a7 ! plan ( developm5t has be5 det]m9$ by ! ,secret>y conc]n$ to be adequate = ! initiation ( environm5tal review2 7,b7 grant+ ! lease is consi/5t ) all applicable l& use plann+1 environm5tal1 & o!r laws2 7,c7 ! applicant has made a good fai? ef=t to obta9 a "r-(-way or1 9 ! case ( ,national ,=e/ ,sy/em l&1 o!r au?orization1 = ! project2 & 7,d7 issuance ( ! lease is 9 ! public int]e/4 7d7 ,leas+ program ,if ! ,secret>ies det]m9e "u subsection 7b7 t a leas+ program %\ld be e/abli%$1 ! program %all be e/abli%$ 9 accordance ) subsections 7e7 ?r\gh 7k74 7e7 ,competitive leases 7#a7 ,9 g5]al ,except z provid$ 9 p>agraph 7#b71 leases = w9d or sol> en]gy developm5t "u ?is section %all be issu$ on a competitive basis ) a s+le r\nd ( bidd+ 9 any lease sale4 7#b7 ,exceptions ,p>agraph 7#a7 %all n apply if ! ,secret>y or1 ) respect to ,national ,=e/ ,sy/em l&1 ! ,secret>y ( ,agriculture det]m9es t-- 7,a7 no competitive int]e/ exi/s = ! cov]$ l&2 7,b7 ! public int]e/ w\ld n be s]v$ by ! competitive issuance ( a lease2 7,c7 ! lease is = ! placem5t & op]ation ( a meteorological or data collection facility or = ! developm5t or demon/ration ( a new w9d or sol> te*nology & has a t]m ( n m ?an #e ye>s2 or 7,d7 ! cov]$ l& is eligible to be grant$ a noncompetitive lease "u subsection 7c74 7f7 ,paym5ts 7#a7 ,9 g5]al ,! ,secret>ies %all jo9tly e/abli%-- 7,a7 fees1 r5tals1 bonuses1 or o!r paym5ts to ensure a fair return to ! ,unit$ ,/ates = any lease issu$ "u ?is section2 & 7,b7 royalties pursuant to section #bje t apply to all leases issu$ "u ?is section4 7#b7 ,bonus bids ,! ,secret>ies may grant cr$it t[>d any bonus bid = a qualifi$ exp5diture by ! hold] ( a lease describ$ 9 subsection 7e77#b77;,c7 9 any competitive lease sale held = a long-t]m lease cov]+ ! same l& cov]$ by ! lease describ$ 9 subsection 7e77#b77;,c74 7g7 ,qualifications ,prior to any lease sale1 ! ,secret>y %all e/abli% qualifications = bidd]s t ensure bidd]s meet ! requirem5ts describ$ 9 subsection 7a77#c74 7h7 ,requirem5ts ,! ,secret>ies %all ensure t any activity "u a leas+ program is c>ri$ out 9 a mann] t-- 7#a7 is consi/5t ) all applicable l& use plann+1 environm5tal1 & o!r laws2 & 7#b7 provides =-- 7,a7 safety2 7,b7 protection ( ! environm5t & fi% & wildlife habitat2 7,c7 mitigation ( impacts2 7,d7 prev5tion ( wa/e2 7,e7 dilig5t developm5t ( ! res\rce1 ) specific mile/ones to be met by ! lessee z det]m9$ by ! ,secret>ies2 7,f7 coord9ation ) applicable ,f$]al ag5cies2 7,g7 a fair return to ! ,unit$ ,/ates = any lease2 7,h7 use ( be/ managem5t practices1 includ+ plann+ & practices = mitigation ( impacts2 7,i7 public notice & comm5t on any proposal submitt$ = a lease "u ?is section2 7,j7 ov]sight1 inspection1 rese>*1 monitor+1 & en=cem5t relat+ to a lease "u ?is section2 7,k7 ! quantity ( acreage to be comm5surate ) ! size ( ! project cov]$ by a lease2 & 7,l7 effici5t use ( wat] res\rces4 7i7 ,lease duration1 susp5sion1 & cancellation 7#a7 ,duration ,a lease "u ?is section %all be =-- 7,a7 an initial t]m ( #be ye>s2 & 7,b7 any additional p]iod aft] ! initial t]m dur+ :i* electricity is be+ produc$ annually 9 comm]cial quantities f ! lease4 7#b7 ,adm9i/ration ,! ,secret>y %all e/abli% t]ms & conditions = ! issuance1 transf]1 r5ewal1 susp5sion1 & cancellation ( a lease "u ?is section4 7#c7 ,readju/m5t 7,a7 ,9 g5]al ,royalties1 r5tals1 & o!r t]ms & conditions ( a lease "u ?is section %all be subject to readju/m5t-- 7i7 on ! date t is #ae ye>s aft] ! date on :i* ! lease is issu$2 & 7ii7 e #aj ye>s !reaft]4 7,b7 ,lease ,ea* lease issu$ "u ?is ,act %all provide = readju/m5t 9 accordance ) subp>agraph 7,a74 7j7 ,surface-,di/urb+ activities ,! ,secret>ies %all-- 7#a7 regulate all surface-di/urb+ activities conduct$ pursuant to any lease issu$ "u ?is section2 & 7#b7 require any necess>y reclamation & o!r actions "u ! lease z are requir$ 9 ! int]e/ ( cons]vation ( surface res\rces4 7k7 ,security ,! ,secret>ies %all require ! hold] ( a lease issu$ "u ?is section-- 7#a7 to furni% a surety bond or o!r =m ( security1 z prescrib$ by ! ,secret>ies2 7#b7 to provide = ! reclamation & re/oration ( ! area cov]$ by ! lease2 & 7#c7 to comply ) su* o!r requirem5ts z ! ,secret>ies consid] necess>y to protect ! int]e/s ( ! public & ! ,unit$ ,/ates4 7l7 ,p]iodic review ,n less frequ5tly ?an once e #e ye>s1 ! ,secret>y %all conduct a review ( ! adequacy ( ! surety bond or o!r =m ( security provid$ by ! hold] ( a lease issu$ "u ?is section4 #bjd4 ,disposition ( rev5ues 7a7 ,disposition ( rev5ues ,( ! am\nts collect$ z bonus bids1 royalties1 r5tals1 fees1 or o!r paym5ts "u a "r-(-way1 p]mit1 lease1 or o!r au?orization = ! developm5t ( w9d or sol> en]gy on cov]$ l&-- 7#a7 #be p]c5t %all be paid by ! ,secret>y ( ! ,treasury to ! ,/ate )9 ! b\nd>ies ( :i* ! income is d]iv$2 7#b7 #be p]c5t %all be paid by ! ,secret>y ( ! ,treasury to ! #a or m c\nties )9 ! b\nd>ies ( :i* ! income is d]iv$2 7#c7 #ae p]c5t %all-- 7,a7 = ! p]iod beg9n+ on ! date ( enactm5t ( ?is ,act & end+ on date ! date t is #ae ye>s aft] ! date ( enactm5t ( ?is ,act1 be deposit$ 9 ! ,treasury ( ! ,unit$ ,/ates to help facilitate ! process+ ( r5ewable en]gy p]mits by ! ,bureau ( ,l& ,managem5t1 includ+ ! transf] ( ! funds by ! ,bureau ( ,l& ,managem5t to o!r ,f$]al ag5cies & ,/ate ag5cies to facilitate ! process+ ( r5ewable en]gy p]mits on ,f$]al l&2 & 7,b7 beg9n+ on ! date t is #ae ye>s aft] ! date ( enactm5t ( ?is ,act1 be deposit$ 9 ! ,fund2 & 7#d7 #ce p]c5t %all be deposit$ 9 ! ,r5ewable ,en]gy ,res\rce ,cons]vation ,fund e/abli%$ by subsection 7c74 7b7 ,paym5ts to ,/ates & c\nties 7#a7 ,9 g5]al ,except z provid$ 9 p>agraph 7#b71 am\nts paid to ,/ates & c\nties "u subsection 7a7 %all be us$ consi/5t ) section #ce ( ! ,m9]al ,leas+ ,act 7#cj ,u4,s4,c4 #aia74 7#b7 ,impacts on ,f$]al l& ,n less ?an #cc p]c5t ( ! am\nt paid to a ,/ate %all be us$ on an annual basis = ! purposes describ$ 9 subsection 7c77#b77;,a74 7c7 ,r5ewable en]gy res\rce cons]vation fund 7#a7 ,9 g5]al ,!re is e/abli%$ 9 ! ,treasury a fund1 to be kn[n z ! ,r5ewable ,en]gy ,res\rce ,cons]vation ,fund1 to be adm9i/]$ by ! ,secret>y = use 9 regions impact$ by ! developm5t ( w9d or sol> en]gy4 7#b7 ,use 7,a7 ,9 g5]al ,am\nts 9 ! ,fund %all be available to ! ,secret>y1 :o may make am\nts available to ! ,secret>y ( ,agriculture & to o!r ,f$]al or ,/ate ag5cies1 z appropriate1 = ! purposes (-- 7i7 address+ & (fsett+ ! impacts ( w9d or sol> developm5t on ,f$]al l&1 includ+ re/or+ & protect+-- 7,i7 fi% & wildlife habitat = affect$ species2 7,,ii7 fi% & wildlife corridors = affect$ species2 & 7,,iii7 wat] res\rces 9 areas impact$ by w9d or sol> en]gy developm5t2 7ii7 secur+ recreational access to ,f$]al l& ?r\gh an easem5t1 "r-(-way1 or fee title acquisition f will+ sell]s = ! purpose ( provid+ enhanc$ public access to exi/+ ,f$]al l& t is inaccessible or significantly re/rict$2 & 7iii7 c>ry+ out activities au?oriz$ "u ! ,l& & ,wat] ,cons]vation ,fund ,act ( #aife 7#af ,u4,s4,c4 #dfjl-#d et seq47 9 ! ,/ate4 7,b7 ,advisory ,bo>d ,! ,secret>y %all e/abli% an indep5d5t advisory bo>d compos$ ( key /akehold]s & te*nical exp]ts to provide recomm5dations & guidance on ! disposition ( any am\nts exp5d$ f ! ,fund4 7#c7 ,mitigation requirem5ts ,! exp5diture ( funds "u ?is subsection %all be 9 addition to any mitigation requirem5ts impos$ pursuant to any law1 regulation1 or t]m or condition ( any lease1 "r-(-way1 or o!r au?orization4 7#d7 ,inve/m5t ( fund 7,a7 ,9 g5]al ,any am\nts deposit$ 9 ! ,fund %all e>n int]e/ 9 an am\nt det]m9$ by ! ,secret>y ( ! ,treasury on ! basis ( ! curr5t av]age m>ket yield on out/&+ m>ketable obligations ( ! ,unit$ ,/ates ( comp>able maturities4 7,b7 ,use ,any int]e/ e>n$ "u subp>agraph 7,a7 may be exp5d$ 9 accordance ) ?is subsection4 #bje4 ,royalties 7a7 ,9 g5]al ,! ,secret>ies %all require z a t]m & condition ( any lease1 "r-(-way1 p]mit1 or o!r au?orization = ! developm5t ( w9d or sol> en]gy on cov]$ l& ! paym5t ( a royalty e/abli%$ by ! ,secret>ies pursuant to a jo9t rulemak+ t %all be a p]c5tage ( ! gross proce$s f ! sale ( electricity at a rate t-- 7#a7 enc\rages production ( sol> or w9d en]gy2 7#b7 ensures a fair return to ! public comp>able to ! return t w\ld be obta9$ on ,/ate & private l&2 & 7#c7 enc\rages ! maximum en]gy g5]ation :ile di/urb+ ! lea/ quantity ( cov]$ l& & o!r natural res\rces1 includ+ wat]4 7b7 ,am\nt ,! royalty on electricity produc$ us+ w9d or sol> res\rces %all be-- 7#a7 n less ?an #a p]c5t1 & n m ?an #b4e p]c5t1 ( ! gross proce$s f ! sale ( electricity produc$ f ! res\rces dur+ ! fir/ #aj ye>s ( production2 & 7#b7 n less ?an #b p]c5t1 & n m ?an #e p]c5t1 ( ! gross proce$s f ! sale ( electricity produc$ f ! res\rces dur+ ea* ye> aft] t initial #aj-ye> p]iod4 7c7 ,diff]5t royalty rates ,! ,secret>ies may e/abli%-- 7#a7 a diff]5t royalty rate = w9d or sol> en]gy g5]ation2 & 7#b7 a r$uc$ royalty rate = projects locat$ )9 a zone id5tifi$ = developm5t ( sol> or w9d en]gy4 7d7 ,royalty 9 lieu ( r5t ,dur+ ! p]iod ( production1 a royalty %all be collect$ 9 lieu ( any r5t = ! l& f :i* ! electricity is produc$4 7e7 ,royalty relief ,to promote ! g5]ation ( r5ewable en]gy1 ! ,secret>ies may r$uce any royalty o!rwise requir$ on a %[+ by cle> & conv9c+ evid5ce by ! p]son hold+ a lease1 "r-(-way1 p]mit1 or o!r au?orization = ! developm5t ( w9d or sol> en]gy on cov]$ l& "u :i* ! g5]ation ( en]gy is or w be produc$ 9 comm]cial quantities t-- 7#a7 collection ( ! full royalty w\ld unreasonably burd5 en]gy g5]ation2 & 7#b7 ! royalty r$uction is 9 ! public int]e/4 7f7 ,p]iodic review & report 7#a7 ,9 g5]al ,n lat] ?an #e ye>s aft] ! date ( enactm5t ( ?is ,act & e #e ye>s !reaft]1 ! ,secret>y1 9 consultation ) ! ,secret>y ( ,agriculture1 %all-- 7,a7 complete a review ( collections & impacts ( ! royalty & fees provid$ "u ?is ,act2 & 7,b7 submit to ! ,committee on ,en]gy & ,natural ,res\rces ( ! ,s5ate & ! ,committee on ,natural ,res\rces ( ! ,h\se ( ,repres5tatives a report describ+ ! results ( ! review4 7#b7 ,topics ,! report %all address-- 7,a7 ! total rev5ues receiv$ 7by category7 on an annual basis z royalties f w9d1 sol>1 & geo!rmal developm5t & production 7specifi$ by en]gy s\rce7 on cov]$ l&2 7,b7 :e!r ! rev5ues receiv$ = ! developm5t ( w9d1 sol>1 & geo!rmal developm5t are comp>able to ! rev5ues receiv$ = simil> developm5t on ,/ate & private l&2 7,c7 any impact on ! developm5t ( w9d1 sol>1 & geo!rmal developm5t & production on cov]$ l& z a result ( ! royalties2 & 7,d7 any recomm5dations ) respect to *anges 9 ,f$]al law 7includ+ regulations7 relat+ to ! am\nt or me?od ( collection 7includ+ audit+1 compliance1 & en=cem5t7 ( ! royalties4 7g7 ,regulations ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>ies %all jo9tly issue f9al regulations to c>ry out ?is section4 #bjf4 ,en=cem5t ( royalty & paym5t provisions 7a7 ,duties ( ! ,secret>y ,! ,secret>y %all e/abli% a compreh5sive inspection1 collection1 fiscal1 & production acc\nt+ & audit+ sy/em-- 7#a7 to accurately det]m9e royalties1 r5tals1 int]e/1 f9es1 p5alties1 fees1 deposits1 & o!r paym5ts ow$ "u ?is ,act2 & 7#b7 to collect & acc\nt = ! paym5ts 9 a timely mann]4 7b7 ,applicability ( o!r law ,! ,f$]al ,oil & ,gas ,royalty ,managem5t ,act ( #aihb 7#cj ,u4,s4,c4 #agja et seq47 7includ+ ! civil & crim9al en=cem5t provisions ( t ,act7 %all apply to leases1 p]mits1 rights-(-way1 or o!r au?orizations issu$ = ! developm5t ( sol> or w9d en]gy on cov]$ l& & ! hold]s & op]ators ( ! leases1 p]mits1 rights-(-way1 or o!r au?orizations 7& designees7 "u ?is title1 except t 9 apply+ t ,act-- 7#a7 8w9d or sol> leases1 p]mits1 rights-(-way1 or o!r au?orizations0 %all be sub/itut$ = oil & gas leases2 7#b7 8electricity g5]at$ f w9d or sol> res\rces0 %all be sub/itut$ = oil & gas 7:5 us$ z n\ns72 7#c7 8lease1 p]mit1 "r-(-way1 or o!r au?orization = ! developm5t ( w9d or sol> en]gy0 %all be sub/itut$ = lease & lease = oil & gas 7:5 us$ z n\ns72 & 7#d7 8lessee1 p]mittee1 "r-(-way hold]1 or hold] ( an au?orization = ! developm5t ( w9d or sol> en]gy0 %all be sub/itut$ = lessee4 #bjg4 ,en=cem5t 7a7 ,9 g5]al ,sections #cjb7;c7 & #cjc ( ! ,f$]al ,l& ,policy & ,managem5t ,act ( #aigf 7#dc ,u4,s4,c4 #agcb7;c71 #agcc7 %all apply to activities conduct$ on cov]$ l& "u ?is title4 7b7 ,applicability ( o!r en=cem5t provisions ,no?+ 9 ?is title r$uces or limits ! en=cem5t au?ority ve/$ 9 ! ,secret>y or ! ,attorney ,g5]al by any o!r law4 #bjh4 ,segregation f appropriation "u m9+ & ,f$]al l& laws 7a7 ,9 g5]al ,on cov]$ l& id5tifi$ by ! ,secret>y or ! ,secret>y ( ,agriculture = ! developm5t ( sol> or w9d p[] "u ?is title or o!r applicable law1 ! ,secret>y or ! ,secret>y ( ,agriculture may tempor>ily segregate ! id5tifi$ l& f appropriation "u ! m9+ & public l& laws4 7b7 ,adm9i/ration ,segregation ( cov]$ l& "u ?is section-- 7#a7 may only be made = a p]iod n to exce$ #aj ye>s2 & 7#b7 %all be subject to valid exi/+ rights z ( ! date ( ! segregation4 #bji4 ,report 7a7 ,/udy 7#a7 ,9 g5]al ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>ies %all c>ry out a /udy on ! sit+1 developm5t1 & managem5t ( projects to det]m9e ! feasibility ( c>ry+ out a cons]vation bank+ program on l& adm9i/]$ by ! ,secret>ies4 7#b7 ,cont5ts ,! /udy "u p>agraph 7#a7 %all-- 7,a7 id5tify areas 9 :i*-- 7i7 privately own$ l& is n available to (fset ! impacts ( sol> or w9d en]gy developm5t on f$]ally adm9i/]$ l&2 or 7ii7 mitigation inve/m5ts on f$]ally adm9i/]$ l& are likely to provide great] cons]vation value = impacts ( sol> or w9d en]gy developm5t on f$]ally adm9i/]$ l&2 & 7,b7 exam9e-- 7i7 ! effectiv5ess ( laws 7includ+ regulations7 & policies 9 effect on ! date ( enactm5t ( ?is ,act 9 facilitat+ ! developm5t ( cons]vation banks2 7ii7 ! advantages & disadvantages ( us+ cons]vation banks on ,f$]al l& to mitigate impacts to natural res\rces on private l&2 & 7iii7 any *anges 9 ,f$]al law 7includ+ regulations7 or policy necess>y to fur!r develop a ,f$]al cons]vation bank+ program4 7b7 ,report to ,congress ,n lat] ?an #ah mon?s aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>ies %all jo9tly submit to ,congress a report t includes-- 7#a7 ! recomm5dations ( ! ,secret>ies relat+ to-- 7,a7 ! mo/ effective sy/em = ,f$]al l& describ$ 9 subsection 7a77#b77;,a7 to meet ! goals ( facilitat+ ! developm5t ( a cons]vation bank+ program on ,f$]al l&2 & 7,b7 any *ange to ,f$]al law 7includ+ regulations7 or policy necess>y to address m effectively ! sit+1 developm5t1 & managem5t ( cons]vation bank+ programs on ,f$]al l& to mitigate impacts to natural res\rces on private l&2 & 7#b7 any adm9i/rative action to be tak5 by ! ,secret>ies 9 response to ! recomm5dations4 7c7 ,availability to ! public ,n lat] ?an #cj days aft] ! date on :i* ! report describ$ 9 subsection 7b7 is submitt$ to ,congress1 ! ,secret>ies %all make ! results ( ! /udy available to ! public4 #baj4 ,applicability ( law 7a7 ,r5tal fee exemption ,w9d or sol> g5]ation projects ) a capacity ( #bj megawatts or m t are issu$ a lease1 "r-(-way1 p]mit1 or o!r au?orization "u applicable law %all n be subject to ! r5tal fee exemption = rights-(-way "u section #ejd7;g7 ( ! ,f$]al ,l& ,policy & ,managem5t ,act ( #aigf 7#dc ,u4,s4,c4 #agfd7;g774 7b7 ,fees1 *>ges1 & commissions ,section #cjd ( ! ,f$]al ,l& ,policy & ,managem5t ,act ( #aigf 7#dc ,u4,s4,c4 #agcd7 %all apply to an application made "u section #bjc4