43 U.S.C. § 3003 — Increasing economic certainty
submitted 6 years ago by Pub. L. 116-260 to r/title-43-PUBLIC-LANDS · 122 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
The Secretary* may consider acreage rental rates, capacity fees, and other recurring annual fees in total when evaluating existing rates paid for the use of Federal land* by eligible projects.
The Secretary may reduce acreage rental rates and capacity fees, or both, for existing and new wind and solar authorizations if the Secretary determines—
that the existing rates—
exceed fair market value;
impose economic hardships;
limit commercial interest in a competitive lease sale or right-of-way grant; or
are not competitively priced compared to other available land; or
that a reduced rental rate or capacity fee is necessary to promote the greatest use of wind and solar energy resources.
Source credit: (Pub. L. 116–260, div. Z, title III, § 3103, Dec. 27, 2020, 134 Stat. 2516.)
- 2020Enacted · Pub. L. 116-260 · 134 Stat. 2516
A history note hasn’t been published yet. The record shows enactment by Pub. L. 116-260 on 2020-12-27.
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