Geothermal Royalty Reform Act

HR 5638, the Geothermal Royalty Reform Act, clarifies how royalties are calculated for geothermal energy facilities under existing law. It amends the Geothermal Steam Act of 1970 to specify that royalty payments apply to "each electric generating facility producing electricity from such resources" and are calculated "by such facility." This technical adjustment updates the statutory language without changing royalty rates or creating new requirements. The bill directly affects geothermal energy producers who pay royalties under federal law. As a procedural amendment, it streamlines the existing royalty framework without altering policy substance.