Bill intelligence
S. 4605, the Geothermal Cost-Recovery Authority Act of 2026, received a congressional hearing on July 15, 2026.
S. 4605 — Geothermal Cost-Recovery Authority Act of 2026
Renewable Energy
What it does
This bill allows the Department of the Interior to require geothermal energy companies to pay back the full cost of processing their lease applications and inspecting their operations through 2032. The department can reduce these costs if it would cause economic hardship or if lower costs would encourage more geothermal development. Recovered money goes back into the geothermal program budget.
Quorum's transparency scan gave Geothermal Cost-Recovery Authority Act of 2026 a moderate transparency flag.
What happens next
S. 4605 received a congressional hearing. Next step: committee markup.
Who is behind it
Filed by Ruben Gallego.
Correlative observation from public records — not evidence of coordination or wrongdoing, and not financial advice.
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SOURCE: CONGRESS.GOV BILL TEXT · QUORUM BILL TRANSPARENCY ANALYSIS