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30 U.S.C. § 1501 — Regulations
Federal law — U.S. Code and appendices · legal_authorities
All regulations made with respect to this subchapter shall be promulgated no later than six months after June 30, 1980.
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Source location: Title 30, Chapter 27, § 1501; chapter-027-geothermal-energy.md
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All regulations made with respect to this subchapter shall be promulgated no later than six months after June 30, 1980.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Authorization; purposes** The Secretary of Energy (hereafter in this chapter referred to as the “Secretary”) is authorized to make a loan to any person, from funds appropriated (pursuant to this subchapter) to the Geothermal Resources Development Fund established under section 1144 11 See References in Text note below. of this title, to assist such person in undertaking and carrying out a project which (1) is designed to explore for or determine the economic viability of a geothermal reservoir and (2) consists of surface exploration and the drilling of one or more exploratory wells.
**(b) Repayment rates** Subject to subsection (c) and to [section 1513(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title30-section1513/b&num=0&edition=prelim), any loan under subsection (a) shall be repayable out of revenue from production of the geothermal energy reservoir with respect to which the loan was made, at a rate, in any year, not to exceed 20 per centum of the gross revenue from the reservoir in that year; except that if any disposition of the geothermal rights to the reservoir is made to one or more other persons by the borrower, the full amount of the loan balance outstanding, or so much of the loan balance outstanding as is equal to the full amount of the compensation realized by the borrower upon such disposition, whichever is less, shall be repaid immediately. In any case where the reservoir is confirmed (as determined by the Secretary), the Secretary may impute a reasonable revenue for purposes of determining repayment if—
(1) reasonable efforts are not made to put such reservoir in commercial operation,
(2) the borrower (or any such other person) utilizes the resources of the reservoir without a sale of the energy or geothermal e
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Federal law — U.S. Code and appendices · legal_authorities
The Congress finds that—
(1) the dependence of the United States on imported petroleum and natural gas must be reduced by all economically and environmentally feasible means, including the use of biomass energy resources; and
(2) a national program for increased production and use of biomass energy that does not impair the Nation’s ability to produce food and fiber on a sustainable basis for domestic and export use must be formulated and implemented within a multiple-use framework.
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Federal law — U.S. Code and appendices · legal_authorities
Page 341
TITLE 30—MINERAL LANDS AND MINING
§ 1511
1 See References in Text note below.
1 See References in Text note below.
§ 1473. Revenue and customs or tariff treatment
of deep seabed mining unaffected
Except as otherwise provided in sections 4495
to 4498 1 of title 26, nothing in this chapter shall
affect the application of title 26. Nothing in this
chapter shall affect the application of the cus-
toms or tariff laws of the United States.
(Pub. L. 96–283, title IV, § 404, June 28, 1980, 94
Stat. 586; Pub. L. 99–514, § 2, Oct. 22, 1986, 100
Stat. 2095.)
Editorial Notes
REFERENCES IN TEXT
Sections 4495 to 4498 of title 26, referred to in text,
were in the original ‘‘section 402’’, meaning section 402
of Pub. L. 96–283, title IV, June 28, 1980, 94 Stat. 582,
which enacted sections 4495 to 4498 of Title 26, Internal
Revenue Code, and enacted a provision set out as a note
under section 4495 of Title 26. Sections 4495 to 4498 of
title 26 were repealed by Pub. L. 105–34, title XIV,
§ 1432(b)(1), Aug. 5, 1997, 111 Stat. 1050.
This chapter, referred to in text, was in the original
‘‘this Act’’, meaning Pub. L. 96–283, June 28, 1980, 94
Stat. 553, known as the Deep Seabed Hard Mineral Re-
sources Act, which is classified principally to this
chapter (§ 1401 et seq.). For complete classification of
this Act to the Code, see Short Title note set out under
section 1401 of this title and Tables.
CODIFICATION
Section was enacted as part of title IV of Pub. L.
96–283, and not as part of title III of Pub. L. 96–283
which comprises this subchapter.
AMENDMENTS
1986—Pub. L. 99–514 substituted ‘‘Internal Revenue
Code of 1986’’ for ‘‘Internal Revenue Code of 1954’’,
which for purposes of codification was translated as
‘‘title 26’’ thus requiring no change
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