SB 6285-S - DIGEST |
(DIGEST OF PROPOSED 1ST SUBSTITUTE) |
Provides greater conformity with the state's geothermal resources statutes and the federal statutes defining geothermal resources. |
Clarifies that ownership of geothermal resources resides with the surface owner unless the interest is otherwise reserved or conveyed. |
Encourages and fosters the development of geothermal resources. |
Clarifies the respective regulatory roles of state agencies. |
Creates the geothermal account. |
Gives responsibility to the state treasurer for distribution of funds from the geothermal account to the county of origin. |