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30 U.S.C. § 1512 — Loan size limitation
Federal law — U.S. Code and appendices · legal_authorities
Page 342
TITLE 30—MINERAL LANDS AND MINING
§ 1512
1 So in original. Should be ‘‘(42 U.S.C. 1962d–17(a)).’’
the event of failure to begin production of rev-
enue (or, where no sale of energy or geothermal
energy resources is made, to begin production of
energy for commercial use) within five years
after the date of such reservoir confirmation,
the Secretary may take action to recover the
value, not to exceed the amount of the unpaid
balance of the loan plus any accrued interest
thereon, of any assets of the project in question,
including resource rights.
(c) Cancellation of unpaid balance and accrued
interest
The Secretary may at any time cancel the un-
paid balance and any accrued interest on any
loan made under this section if he determines,
on the basis of evidence presented by the loan
recipient or otherwise, that the geothermal en-
ergy reservoir with respect to which the loan
was made has characteristics which make that
reservoir economically or technically unaccept-
able for commercial development.
(d) ‘‘Person’’ defined
As used in this subchapter, the term ‘‘person’’
includes municipalities, electric cooperatives,
industrial development agencies, nonprofit orga-
nizations, and Indian tribes, as well as the enti-
ties included within such term under section 1 of
title 1.
(Pub. L. 96–294, title VI, § 611, June 30, 1980, 94
Stat. 763.)
Editorial Notes
REFERENCES IN TEXT
This chapter, referred to in subsec. (a), was in the
original ‘‘this title’’, meaning title VI of Pub. L. 96–294,
June 30, 1980, 94 Stat. 763, known as the Geothermal En-
ergy Act of 1980. For complete classification of title VI
to the Code, see Short Title note set out under section
1501 of this title and Tables.
Section 1144 of this title, referred to in subsec. (a),
Source: Supplied 2024 U.S. Code historical extraction · 30 U.S.C. § 1512
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Page 342
TITLE 30—MINERAL LANDS AND MINING
§ 1512
1 So in original. Should be ‘‘(42 U.S.C. 1962d–17(a)).’’
the event of failure to begin production of rev-
enue (or, where no sale of energy or geothermal
energy resources is made, to begin production of
energy for commercial use) within five years
after the date of such reservoir confirmation,
the Secretary may take action to recover the
value, not to exceed the amount of the unpaid
balance of the loan plus any accrued interest
thereon, of any assets of the project in question,
including resource rights.
(c) Cancellation of unpaid balance and accrued
interest
The Secretary may at any time cancel the un-
paid balance and any accrued interest on any
loan made under this section if he determines,
on the basis of evidence presented by the loan
recipient or otherwise, that the geothermal en-
ergy reservoir with respect to which the loan
was made has characteristics which make that
reservoir economically or technically unaccept-
able for commercial development.
(d) ‘‘Person’’ defined
As used in this subchapter, the term ‘‘person’’
includes municipalities, electric cooperatives,
industrial development agencies, nonprofit orga-
nizations, and Indian tribes, as well as the enti-
ties included within such term under section 1 of
title 1.
(Pub. L. 96–294, title VI, § 611, June 30, 1980, 94
Stat. 763.)
Editorial Notes
REFERENCES IN TEXT
This chapter, referred to in subsec. (a), was in the
original ‘‘this title’’, meaning title VI of Pub. L. 96–294,
June 30, 1980, 94 Stat. 763, known as the Geothermal En-
ergy Act of 1980. For complete classification of title VI
to the Code, see Short Title note set out under section
1501 of this title and Tables.
Section 1144 of this title, referred to in subsec. (a),
was repealed by Pub. L. 116–260, div. Z, title III,
§ 3002(i)(3), Dec. 27, 2020, 134 Stat. 2495.
§ 1512. Loan size limitation
The amount of any loan made under section
1511(a) of this title with respect to a project de-
scribed in that section shall not exceed 50 per-
cent of the cost of such project; except that if
the loan is made to a person proposing to make
application of the resources of the reservoir in-
volved primarily for space heating or cooling or
process heat for one or more structures or facili-
ties then existing or under construction, the
loan may be in any amount up to 90 per centum
of such cost. In any event no loan shall be made
in an amount in excess of $3,000,000.
(Pub. L. 96–294, title VI, § 612, June 30, 1980, 94
Stat. 764.)
§ 1513. Loan interest rates; repayment periods
(a) Each loan made under section 1511 of this
title shall bear interest at a discount or interest
rate equal to the rate in effect (at the time the
loan is made) for water resources planning
projects under section 80 of the Water Resources
Development
Act
of
1974
(42
U.S.C.
1962(d)–17(a)).1
(b) Each such loan shall be for a term which
the Secretary deems appropriate, except that no
loan term shall exceed twenty years beyond the
date on which production of energy or geo-
thermal energy resources begins from the res-
ervoir involved. If revenues are inadequate (as
determined by the Secretary) to fully repay the
principal and accrued interest within twenty
years after production begins, any remaining
unpaid amounts shall be forgiven.
(Pub. L. 96–294, title VI, § 613, June 30, 1980, 94
Stat. 764.)
§ 1514. Program termination
No new loans shall be made under this sub-
chapter after September 30, 1986. Amounts re-
paid on or before September 30, 1986, on loans
theretofore made under section 1511 of this title
shall be deposited in the Geothermal Resources
Development Fund for purposes of this sub-
chapter. Amounts repaid after that date on
loans theretofore made under section 1511 of this
title, and amounts deposited in the Fund for
purposes of this subchapter which remain in the
Fund after that date and are not required to se-
cure outstanding obligations under this sub-
chapter, shall be deposited into the United
States Treasury as miscellaneous receipts.
(Pub. L. 96–294, title VI, § 614, June 30, 1980, 94
Stat. 764.)
§ 1515. Regulations
The Secretary shall promulgate regulations to
carry out this subchapter no later than six
months after June 30, 1980.
(Pub. L. 96–294, title VI, § 615, June 30, 1980, 94
Stat. 764.)
§ 1516. Authorizations
There are hereby authorized to be appro-
priated for loans under this subchapter not to
exceed $5,000,000 for fiscal year 1981, and not to
exceed $20,000,000 for each of the four succeeding
fiscal years. Amounts so appropriated shall be
deposited in the Geothermal Resources Develop-
ment Fund for purposes of this subchapter, and
shall remain available for such purposes until
expended.
(Pub. L. 96–294, title VI, § 616, June 30, 1980, 94
Stat. 765.)
SUBCHAPTER II—STUDY, ESTABLISHMENT,
AND IMPLEMENTATION OF INSURANCE
PROGRAM
§ 1521. Reservoir insurance program study
The Secretary shall conduct a detailed study
of the need for and feasibility of establishing a
reservoir insurance and reinsurance program in-
corporating the terms, conditions, and provi-
sions set forth in section 1522 of this title, and
shall submit to the Congress within one year
after June 30, 1980, a report on the results of
such study including his findings and rec-
ommendations with respect thereto.
(Pub. L. 96–294, title VI, § 621, June 30, 1980, 94
Stat. 765.)
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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
Source: Supplied U.S. Code snapshot — release unconfirmed · 30 U.S.C. § 1512
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Federal law — U.S. Code and appendices · legal_authorities
In order to assure an adequate supply of food to the Nation and to promote the economic vitality of the High Plains Region, the Secretary of Commerce (hereinafter referred to in this section as the “Secretary”), acting through the Economic Development Administration, in cooperation with the Secretary of the Army, acting through the Chief of Engineers, and appropriate Federal, State, and local agencies, and the private sector, is authorized and directed to study the depletion of the natural resources of those regions of the States of Colorado, Kansas, New Mexico, Oklahoma, Texas, and Nebraska presently utilizing the declining water resources of the Ogallala acquifer,11 So in original. Probably should be “aquifer,”. and to develop plans to increase water supplies in the area and report thereon to Congress, together with any recommendations for further congressional action. In formulating these plans, the Secretary is directed to consider all past and ongoing studies, plans, and work on depleted water resources in the region, and to examine the feasibility of various alternatives to provide adequate water supplies in the area including, but not limited to, the transfer of water from adjacent areas, such portion to be conducted by the Chief of Engineers to assure the continued economic growth and vitality of the region. The Secretary shall report on the costs of reasonably available options, the benefits of various options, and the costs of inaction. If water transfer is found to be a part of a reasonable solution, the Secretary, as part of his study, shall include a recommended plan for allocating and distributing water in an equitable fashion, taking into account existing water rights and the needs for future growth of all affected areas. An interim report, with recommend
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 1962
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Federal law — U.S. Code and appendices · legal_authorities
Page 5184
TITLE 42—THE PUBLIC HEALTH AND WELFARE
§ 1962
Sec.
1962d–5a.
Reimbursement to States.
1962d–5b.
Written
agreement
requirement
for
water resources projects.
1962d–5c.
Non-Federal public bodies, installment
construction payments.
1962d–5d.
Authorization of Secretary of the Army
to contract with States and political
subdivisions for increased law enforce-
ment services during peak visitation
periods; authorization of appropria-
tions.
1962d–5e.
Wetland areas.
1962d–5f.
Beach nourishment.
1962d–5g.
Hydroelectric power resources.
1962d–6.
Feasibility
studies;
acceleration;
ad-
vancement of costs by non-Federal
sources.
1962d–7.
Delmarva Peninsula hydrologic study;
duties of Secretary of the Interior.
1962d–8.
Reports on Delmarva Peninsula hydro-
logic study.
1962d–9.
Information from Federal agencies for
Delmarva Peninsula study.
1962d–10.
Cooperation with agencies on Delmarva
Peninsula study.
1962d–11.
Authorization of appropriation for Del-
marva Peninsula study.
1962d–11a.
Potomac River water diversion struc-
ture.
1962d–11b.
Dalecarlia Reservoir; delivery of water
to metropolitan Maryland; expenses;
payments; purchase of water from
State or local authorities in Maryland
or Virginia.
1962d–12 to 1962d–14. Repealed.
1962d–14a.
Alaska
hydroelectric
power
develop-
ment.
1962d–15.
Protection of United States from liabil-
ity for damages; exception of damages
due to fault or negligence of United
States.
1962d–16.
Comprehensive plans for development,
utilization, and conservation of water
and related resources.
1962d–17.
Regional or river basin plans and Fed-
eral water and related land resources
projects; preparation, formulation, and
evaluation.
1962d–18.
Study of depletion of natural resources
of
Source: Supplied 2024 U.S. Code historical extraction · 42 U.S.C. § 1962
Stored review status: historical_2024_not_currentness_verified. The source passage cites 42 U.S.C. § 1962. This identifies an authority to review, not proof of applicability.
Federal law — U.S. Code and appendices · legal_authorities
The Council shall approve any program for comprehensive water and related land resources planning which is submitted by a State, if such program—
(1) provides for comprehensive planning with respect to intrastate or interstate water resources, or both, in such State to meet the needs for water and water-related activities taking into account prospective demands for all purposes served through or affected by water and related land resources development, with adequate provision for coordination with all Federal, State, and local agencies, and nongovernmental entities having responsibilities in affected fields;
(2) provides, where comprehensive statewide development planning is being carried on with or without assistance under section 701 of the Housing Act of 1954 11 See References in Text note below. or under chapter 2003 of title 54, for full coordination between comprehensive water resources planning and other statewide planning programs and for assurances that such water resources planning will be in conformity with the general development policy in such State;
(3) designates a State agency (hereinafter referred to as the “State agency”) to administer the program;
(4) provides that the State agency will make such reports in such form and containing such information as the Council from time to time reasonably requires to carry out its functions under this subchapter;
(5) sets forth the procedure to be followed in carrying out the State program and in administering such program; and
(6) provides such accounting, budgeting, and other fiscal methods and procedures as are necessary for keeping appropriate accountability of the funds and for the proper and efficient administration of the program.
The Council shall not disapprove any program without first giving reason
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 1962d
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Federal law — U.S. Code and appendices · legal_authorities
Page 5199
TITLE 42—THE PUBLIC HEALTH AND WELFARE
§ 1962d
1 So in original. Probably should be capitalized.
based on such records of the State and infor-
mation furnished by it, and such other inves-
tigation, as the Council may find necessary.
(2) The Council shall pay to the State, from
the allotment available therefor, the amount
so estimated by it for any period, reduced or
increased, as the case may be, by any sum (not
previously adjusted under this paragraph) by
which it finds that its estimate of the amount
to be paid such State for any prior period
under this subchapter was greater or less than
the amount which should have been paid to
such State for such prior period under this
subchapter. Such payments shall be made
through the disbursing facilities of the Treas-
ury Department, at such times and in such in-
stallments as the Council may determine.
(Pub. L. 89–80, title III, § 305, July 22, 1965, 79
Stat. 253.)
§ 1962c–5. ‘‘State’’ defined
For the purpose of this subchapter the term
‘‘State’’ means a State, the District of Colum-
bia, Puerto Rico, the Virgin Islands or Guam.
(Pub. L. 89–80, title III, § 306, July 22, 1965, 79
Stat. 253; Pub. L. 94–285, § 2, May 12, 1976, 90 Stat.
516.)
Editorial Notes
AMENDMENTS
1976—Pub. L. 94–285 inserted reference to Guam.
§ 1962c–6. Records; audit and examination
(a) Each recipient of a grant under this chap-
ter shall keep such records as the Chairman of
the Council shall prescribe, including records
which fully disclose the amount and disposition
of the funds received under the grant, and the
total cost of the project or undertaking in con-
nection with which the grant was made and the
amount and nature of that portion of the cost of
the project or undertaking supplied by other
sources, an
Source: Supplied 2024 U.S. Code historical extraction · 42 U.S.C. § 1962d
Stored review status: historical_2024_not_currentness_verified. The source passage cites 42 U.S.C. § 1962d. This identifies an authority to review, not proof of applicability.