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

Acreage rent is paid only until the project starts generating

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

Acreage rent is paid only until the project starts generating

The document says “shallWho acts: holders of rights-of-way for renewable energy projectsHow: statuteSec. 50302 in the PDF
What the document says

“The holder of a right-of-way for a renewable energy project shall pay an acreage rent collected under paragraph (1) until the date on which energy generation begins.”

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

The section requires the holder of a right-of-way to pay the acreage rent until the day energy generation begins.

What the document actually says

“The holder of a right-of-way for a renewable energy project shall pay an acreage rent collected under paragraph (1) until the date on which energy generation begins.”

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

The holder must pay the acreage rent. That lasts until the project starts making power.

What this is about

After that a different charge takes over. That charge is the capacity fee. It is set out in the next part of the section.

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