Description:
H.R. 8665, Supercritical Geothermal Research and Development Act As ordered reported by the House Committee on Science, Space, and Technology on June 13, 2024 By Fiscal Year, Millions of Dollars20242024-20292024-2034Direct Spending (Outlays)000Revenues000Increase or Decrease (-) in the Deficit000Spending Subject to Appropriation (Outlays)072not estimatedIncreases net direct spending in any of the four consecutive 10-year periods beginning in 2035?NoStatutory pay-as-you-go procedures apply?NoMandate EffectsIncreases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?NoContains intergovernmental mandate?NoContains private-sector mandate?NoThe bill wouldRequire the Department of Energy (DOE) to establish a program to research, develop, and demonstrate supercritical geothermal systemsRequire the U.S. Geological Survey (USGS) to regularly assess geothermal resourcesRequire DOE to report to the Congress and collaborate with other agencies on geothermal activitiesEstimated budgetary effects would mainly stem fromAuthorizing appropriations for DOE to conduct activities related to supercritical geothermal systemsRequiring the USGS to complete the geothermal assessments
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