43 U.S.C. · Public Lands
43 U.S.C. § 3003

Increasing economic certainty

Ch. 48 — RENEWABLE ENERGY PRODUCTION ON FEDERAL LAND
Title 43 U.S.C. ● ACTIVE Primary Source Ch. 48
Statutory Text

43 U.S.C. § 3003 — Increasing economic certainty

U.S.C. Title 43 - PUBLIC LANDS 43 U.S.C. United States Code, 2023 Edition Title 43 - PUBLIC LANDS CHAPTER 48 - RENEWABLE ENERGY PRODUCTION ON FEDERAL LAND Sec. 3003 - Increasing economic certainty From the U.S. Government Publishing Office, www.gpo.gov

§3003. Increasing economic certainty

(a) Considerations 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. (b) Reductions in base rental rates The Secretary may reduce acreage rental rates and capacity fees, or both, for existing and new wind and solar authorizations if the Secretary determines— (1) that the existing rates— (A) exceed fair market value; (B) impose economic hardships; (C) limit commercial interest in a competitive lease sale or right-of-way grant; or (D) are not competitively priced compared to other available land; or

(2) that a reduced rental rate or capacity fee is necessary to promote the greatest use of wind and solar energy resources.

(Pub. L. 116–260, div. Z, title III, §3103, Dec. 27, 2020, 134 Stat. 2516.)

Source: uscode.house.gov — public domain Official Source ↗
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43 U.S.C. § 3003
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The statutory text of 43 U.S.C. § 3003 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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