Silver Pinyon Journal

[ advertisement ]
Banner
[ advertisement ]
County to join effort for greater share of lease revenue from geothermal and other natural resources Print
Written by Dee Holzel   
Thursday, April 08 2010 05:45

WINNEMUCCA — Humboldt County is joining with the National Association of Counties (NACo) in lobbying Congress to more evenly distribute the economic benefit of geothermal leases on public lands.  The resolution supporting NACo's effort was reviewed and authorized on Monday (April 5) following discussion by the Humboldt County Board of Commissioners.

Commissioner Tom Fransway explained the effort, if ultimately adopted by Congress,  would evenly divide the geothermal lease revenue between federal, state and local governments -- with each receiving an equal one-third.  The revenue share would also include other natural resource leases from public lands – such as solar and wind.

In addition, Fransway noted the legislation would be adopted in such a way the state would be unable to help themselves to the county-portion, as was done during the last session of the Nevada Legislature. 

The Geothermal Steam Act passed in 1970 gave 100 percent of the revenue from geothermal leases on public land to the federal government.  In 2005 the revenue from those leases was redistributed with 50 percent going to the host state, 25 percent to the host county, and 25 percent to the federal government.

However, an amendment on the 2010 Interior Appropriations bill reverted the income from geothermal leases back to the 1970 standard.  Senator Harry Reid sponsored an amendment that would revert the economic benefits of geothermal leasing back to the 2005 divisions.

 
FacebookTwitterGoogle Bookmarks

Add comment

Comments will be reviewed prior to publishing, and may be edited for style and clarity. Your email address will not appear on the site.


Security code
Refresh

mini- Calendar

S M T W T F S
week 18 1 2 3 4 5
week 19 6 7 8 9 10 11 12
week 20 13 14 15 16 17 18 19
week 21 20 21 22 23 24 25 26
week 22 27 28 29 30 31

Events...

Mon May 21 @09:00
Board of Commissioners
Mon May 21 @10:45
Joint City/County Meeting
Tue May 22 @16:30
HCSD Board of Trustees
Thu May 24 @17:30
HGH Board of Trustees

In your opinion...

Would you support using taxpayer dollars to buy and renovate the Winnemucca Hotel for local use?
 

Who's Online

We have 307 guests online

Newest comments

  • Overkill........just like Quintin's temper? Just l... More...
  • Yes, Editor, thank you, we forgot that. You don't ... More...
  • This young man is not home yet, per family he is d... More...
  • Why didn't the community have the opportunity to v... More...
  • Council and Commission - visit Elko and Sparks and... More...

Statistics

Content View Hits : 1344599