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Provide for reconciliation pursuant to title II of H. Con. Res. 14Section 50302 › Proposal

Late payment draws a fee at 15 days and can end the right-of-way at 90

To provide for reconciliation pursuant to title II of H. Con. Res. 14, section 50302, Sec. 50302. Written by .

Late payment draws a fee at 15 days and can end the right-of-way at 90

The document says “canWho acts: Secretary of the Interior, Secretary of AgricultureHow: statuteSec. 50302 in the PDF
What the document says

“The Secretary may terminate a right-of-way for a renewable energy project if the Secretary does not receive payment for the acreage rent under subsection (b) or the capacity fee under subsection (c) by the date that is 90 days after the date on which the payment was due.”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 50302

The section lets the Secretary charge a late payment fee where the acreage rent or the capacity fee is not received within 15 days of its due date, and lets the Secretary end the right-of-way where payment is not received within 90 days of that date.

What the document actually says

“The Secretary may terminate a right-of-way for a renewable energy project if the Secretary does not receive payment for the acreage rent under subsection (b) or the capacity fee under subsection (c) by the date that is 90 days after the date on which the payment was due.”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 50302
That sentence, in plain words

The Secretary may end the right to use the land. That can happen if payment is 90 days late. It covers both the acreage rent and the capacity fee.

What this is about

A late fee can be charged at 15 days. Ending the right-of-way is a choice, not a duty. Both charges are treated the same way.

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