§ 3003. Increasing economic certainty

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 2020

   Energy Act of 2020

   Pub. L. 116–260 div. Z title III § 3103 · 134 Stat. 1182

   Enacted · 43 U.S.C. § 3003

   (Pub. L. 116–260, div. Z, title III, § 3103, Dec. 27, 2020, 134 Stat. 2516.)

   Source evidence

   Code source credit
   (Pub. L. 116–260, div. Z, title III, § 3103, Dec. 27, 2020, 134 Stat. 2516.)

   Enacted provision · exact public law section
   SEC. 3103. INCREASING ECONOMIC CERTAINTY. (a) Considerations.— The Secretary may consider acreage rental rates, capacity fees, and other recurring annual fees in total when evaluating existing rates paid for the use of Federal land by eligible projects. (b) Reductions in Base Rental Rates.— The Secretary may reduce acreage rental rates and capacity fees, or both, for existing and new wind and solar authorizations if the Secretary determines— (1) that the existing rates— (A) exceed fair market value; (B) impose economic hardships; (C) limit commercial interest in a competitive lease sale or right-of-way grant; or (D) are not competitively priced compared to other available land; or (2) that a reduced rental rate or capacity fee is necessary to promote the greatest use of wind and solar energy resources.

1 of 1 references resolved to an enrolled provision