S. 3586: Geothermal Exploration Act of 2010

111th Congress · introduced 2010-07-14 · Energy · Latest: Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S5855)

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Where it came from: introduced 2010-07-14 · official record
Who proposed it: Sen. Reid, Harry [D-NV] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S5855) Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Geothermal Exploration Act of 2010

Plain summary

Geothermal Exploration Act of 2010 - Requires the Secretary of Energy (Secretary) to: (1) establish a direct loan program for high risk geothermal exploration wells; (2) give preference to loan applicants to carry out projects for previously unexplored, underexplored, or unproven geothermal resources in a variety of geologic and geographic settings; (3) determine the cost shares for such loans, which may provide for higher federal shares for projects with higher risks; and (4) determine the number of wells for each selected geothermal project for which a loan may be made. Requires data from all exploratory wells that are carried out under the program to be provided to the Secretary and the Secretary of the Interior for mapping national geothermal resources and other uses, including subsurface geologic data, metadata, borehole temperature data, and inclusion in the National Geothermal Data System of the Department of Energy (DOE). Sets forth loan repayment and term provisions. Authorizes the Secretary to grant delays or dispense with a repayment obligation on a demonstration that a selected geothermal project is unproductive. Establishes in the Treasury the Geothermal Investment Fund to be administered by the Secretary to carry out this Act.

Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.

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What does this mean? (plain words)

Official text

Geothermal Exploration Act of 2010

Source: Congressional Research Service summary (Introduced in Senate)

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Officials and money

Sponsor: Sen. Reid, Harry [D-NV] · 4 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Jeff Merkley (D-OR)

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)

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Sources

Congressional Research Service summary (Introduced in Senate)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-111s3586.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/111/s>

Record fed-us-cong111-s3586 · catalog fed-us-congress-bills-cong111 · updated 2026-11-15 by psicol fed-bills-cong111