,,ii #aai? ,,congress #b;d ,session ,s4 #daaf ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,m>* #ag1 #bjbf,mr4 ,hick5loop] 7= himself1 ,mr4 ,da9es1 ,mr4 ,padilla1 & ,mr4 ,curtis7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,en]gy & ,natural ,res\rces ,a ,,bill ,to advance next-g5]ation geo!rmal electricity g5]ation demon/ration projects 9 new regions1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,geo!rmal ,p[] ,opportunity ,) ,exp&$ ,regions ,act or ! ,geo ,,p[] ,act4 #b4 ,purpose ,! purpose ( ?is ,act is to advance next-g5]ation geo!rmal demon/ration projects-- 7#a7 to accel]ate ! comm]cialization ( next-g5]ation geo!rmal te*nologies 9 div]se geologies & regions across ! ,unit$ ,/ates2 7#b7 to ov]come high upfront capital co/s = geo!rmal exploration & drill+2 7#c7 to g5]ate public data to de-risk future geo!rmal projects 9 new geologies & regions2 & 7#d7 to catalyze geo!rmal demon/ration projects & innovation ?r\gh mile/one-bas$ f9anc+ to de-risk future geo!rmal projects4 #c4 ,innovative f9anc+ = geo!rmal demon/ration projects ,section #fae ( ! ,en]gy ,indep5d5ce & ,security ,act ( #bjjg 7#db ,u4,s4,c4 #agaid7 is am5d$-- 7#a7 9 subsection 7a71 by ins]t+ ! mile/one-bas$ geo!rmal demon/ration program = projects 9 l[ p]meability & imp]meable res]voirs describ$ 9 subsection 7e7 & aft] includ+2 7#b7 9 subsection 7d71 by /rik+ p>agraph 7#c72 & 7#c7 by add+ at ! end ! foll[+3 7e7 ,mile/one-,bas$ geo!rmal demon/ration program 7#a7 ,def9itions ,9 ?is subsection3 7,a7 ,innovative f9anc+ ,! t]m innovative f9anc+ means f9ancial in/rum5ts us$ to support geo!rmal en]gy project developm5t1 includ+ transactions t ! ,secret>y may ent] into "u section #fdf ( ! ,dep>tm5t ( ,en]gy ,organization ,act 7#db ,u4,s4,c4 #gbef74 7,b7 ,program ,! t]m ,program means ! ,mile/one-,bas$ ,geo!rmal ,demon/ration ,program e/abli%$ "u p>agraph 7#b74 7#b7 ,e/abli%m5t ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is subsection1 ! ,secret>y %all e/abli% a program1 to be kn[n z ! ,mile/one-,bas$ ,geo!rmal ,demon/ration ,program1 to aw>d innovative f9anc+ to geo!rmal projects 9 l[-p]meability & imp]meable res]voirs ?r\gh a competitive process bas$ on ! a*ievem5t ( te*nical & f9ancial mile/ones1 prioritiz+-- 7,a7 geo!rmal projects 9 regions & geologies t h limit$ or no geo!rmal electricity g5]ation z ( ! date ( enactm5t ( ?is p>agraph1 includ+ on or ne> ,indian l& 7z def9$ 9 section #bfja ( ! ,en]gy ,policy ,act ( #aiib 7#be ,u4,s4,c4 #ceja772 7,b7 geo!rmal projects t support ! collection & dissem9ation ( data to *>act]ize new geo!rmal res\rces & te*nologies to catalyze future private inve/m5t2 7,c7 new geo!rmal electricity production facilities ) aggregate electricity g5]ation capacity pot5tial ( n less ?an #cj megawatts or geo!rmal projects t advance innovative drill+ or o!r innovations t enable ! viability ( comm]cial-scale geo!rmal electricity g5]ation ( n less ?an #cj megawatts2 & 7,d7 projects ) ! pot5tial = attract+ significant private sector inve/m5t4 7#c7 ,requirem5ts 7,a7 ,proposals ,9 c>ry+ out ! ,program1 ! ,secret>y %all reque/ proposals = projects f project sponsors t meet ! crit]ia describ$ 9 p>agraph 7#b74 7,b7 ,diff]5tiation ,! ,secret>y %all aw>d innovative f9anc+ "u p>agraph 7#b7-- 7i7 to n less ?an #c diff]5t proposals 9 at lea/ #c diff]5t ,/ates2 & 7ii7 to n less ?an #c diff]5t project sponsors4 7,c7 ,/aff+ ,! ,secret>y %all ma9ta9 /aff+ levels suffici5t to adm9i/] innovative f9anc+ "u p>agraph 7#b74 7#d7 ,au?ority ,! ,secret>y %all c>ry out a project "u ?is subsection z a mile/one-bas$ demon/ration project "u section #ijje ( ! ,en]gy ,act ( #bjbj 7#db ,u4,s4,c4 #gbef;c74 7f7 ,au?orization ( appropriations ,!re are au?oriz$ to be appropriat$ to ! ,secret>y su* sums z are necess>y to c>ry out subsections 7d7 & 7e74 4