S.Amdt. 1532

SA 1532. Mr. SCHUMER submitted an amendment intended to be proposed
to amendment SA 1407 proposed by Ms. Murkowski to the bill S. 2657, to
support innovation in advanced geothermal research and development, and
for other purposes; which was ordered to lie on the table; as follows:

At the end of subtitle B of title I, add the following:

SEC. 12___. GREEN ISLAND HYDROELECTRIC PROJECT EXTENSION.

(a) In General.--Notwithstanding the time period specified
in section 13 of the Federal Power Act (16 U.S.C. 806) that
would otherwise apply to Federal Energy Regulatory Commission
project number 00013, the Federal Energy Regulatory
Commission (referred to in this section as the
``Commission'') may, on the request of the licensee for the
project, and after reasonable notice, in accordance with the
good faith, due diligence, and public interest requirements
of that section and the procedures of the Commission under
that section, extend the time period during which the
licensee is required to commence the construction of the
project for 9 years from the date of the expiration of the
extension issued by the Commission under that section for the
project.
(b) Obligation for Payment of Annual Charges.--Any
obligation of the licensee for the project described in
subsection (a) for the payment of annual charges under
section 10(e) of the Federal Power Act (16 U.S.C. 803(e))
shall commence on conclusion of the time period to commence
construction of the project, as extended by the Commission
under subsection (a).
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