Political Quotes

On the recordMarch 4, 2010
I ask unanimous consent that further reading of the amendment be dispensed with. The PRESIDING OFFICER. Without objection, it is so ordered. The amendment is as follows: (Purpose: To temporarily modify the allocation of geothermal receipts) At the end of title VI, add the following: SEC. 6. ALLOCATION OF GEOTHERMAL RECEIPTS. Nothwithstanding any other provision of law, for fiscal year 2010 only, all funds received from sales, bonuses, royalties, and rentals under the Geothermal Steam Act of 1970 (30 U.S.C. 1001 et seq.) shall be deposited in the Treasury, of which-- (1) 50 percent shall be used by the Secretary of the Treasury to make payments to States within the boundaries of which the leased land and geothermal resources are located; (2) 25 percent shall be used by the Secretary of the Treasury to make payments to the counties within the boundaries of which the leased land or geothermal resources are located; and (3) 25 percent shall be deposited in miscellaneous receipts.
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Harry Reid
Democratic · Nevada

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