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Heller Touts Reinstatement of Geothermal Royalties

Statement

Date: Dec. 8, 2010
Location: Washington, DC
Issues: Energy

Today U.S. Congressman Dean Heller (R-NV) made the following statement on the reinstatement of geothermal royalties to local counties. Heller worked with House appropriators to ensure revenues will continue to be distributed to local governments. The House funding bill is expected to be voted on today.

"I have fought hard to ensure geothermal revenues are reinstated and thank my House colleagues for recognizing the importance of this funding to Nevada. Western states lose substantial taxes and revenue opportunities because of the vast amount of federal lands. Ensuring these royalties will continue to be distributed is critical to our local communities and state. I call on Senators Reid and Ensign to ensure the royalty fix is not removed in the Senate," said Heller.

The Office of Management and Budget (OMB) determined that under the Continuing Resolution, the current government funding measure, counties are ineligible for geothermal revenue sharing payments for this fiscal year. In November, Congressman Heller urged House appropriators to include a long-term royalty fix for fiscal year 2011.


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