S.Amdt. 5376Senate117th Congress (2021-2023)2nd degree
S.Amdt. 5376
Sponsored by
Sen. Kevin Cramer (R-ND)
Submitted August 6, 2022
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Senate amendment submitted
August 6, 2022
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Submitted
SA 5376. Mr. CRAMER submitted an amendment intended to be proposed to amendment SA 5194 proposed by Mr. Schumer to the bill H.R. 5376, to provide for reconciliation pursuant to title II of S. Con. Res. 14; which was ordered to lie on the table; as follows: At the end of section 50262, add the following: (g) Onshore Wind and Solar Energy Royalty Rate.-- (1) In general.--The Secretary shall require, as a term and condition of any lease, right-of-way, permit, or other authorization for the development of solar or wind energy on public lands (as defined in section 103 of the Federal Land Policy and Management Act of 1976 (43 U.S.C. 1702)), the payment of a royalty in accordance with paragraph (2). (2) Amount.--The royalty on electricity produced using wind or solar resources under paragraph (1) shall be not less than 16\2/3\ percent, but not more than 18\3/4\ percent, during the 10-year period beginning on the date of enactment of this Act, and not less than 16\2/3\ percent thereafter, of the gross proceeds from the sale of that electricity. (3) Deposit.--Amounts received by the United States as royalties under this subsection shall be disposed of in accordance with section 35 of the Mineral Leasing Act (30 U.S.C. 191). ______