Renewable energy revenue sharing

(a) Disposition of revenue (1) Disposition of revenues Beginning on January 1, 2026, the amounts collected from a renewable energy project as bonus bids, rentals, fees, or other payments under a right-of-way, permit, lease, or other authorization shall be— (A) deposited in the general fund of the Treasury; and (B) without further appropriation or fiscal year limitation, allocated as follows: (i) 25 percent shall be paid from amounts in the general fund of the Treasury to the State within the boundaries of which the revenue is derived. (ii) 25 percent shall be paid from amounts in the general fund of the Treasury to each county within the boundaries of which the revenue is derived, to be allocated among each such county based on the percentage of land from which the revenue is derived. (2) Payments to states and counties (A) In general The amounts paid to States and counties under paragraph (1) shall be used consistent with section 35 of the Mineral Leasing Act (30 U.S.C. 191). (B) Payments in lieu of taxes A payment to a county under paragraph (1) shall be in addition to a payment in lieu of taxes received by the county under chapter 69 of title 31, United States Code. (C) Timing The amounts required to be paid under paragraph (1)(B) for an applicable fiscal year shall be made available not later than the fiscal year that immediately follows the fiscal year for which the amounts were collected. (b) Definitions In this section: (1) Covered land The term covered land means land that is— (A) public lands administered by the Secretary; and (B) not excluded from the development of solar or wind energy under— (i) a land use plan; or (ii) other Federal law. (2) Public lands The term public lands means— (A) public lands as such term is defined in section 103 of the Federal Land Policy and Management Act of 1976 (43 U.S.C. 1702); and (B) lands of the National Forest System as described in section 11(a) of the Forest and Rangeland Renewable Resources Planning Act of 1974 (16 U.S.C. 1609(a)). (3) Renewable energy project The term renewable energy project means a system described in section 2801.9(a)(4) of title 43, Code of Federal Regulations (as such section is in effect on the date of the enactment of this Act), located on covered land that uses wind or solar energy to generate energy. (4) Secretary The term Secretary means— (A) the Secretary of the Interior with respect to land controlled or administered by the Secretary of the Interior; or (B) the Secretary of Agriculture with respect to the lands of the National Forest System controlled or administered by the Secretary of Agriculture.

(a) Disposition of revenue (1) Disposition of revenues Beginning on January 1, 2026, the amounts collected from a renewable energy project as bonus bids, rentals, fees, or other payments under a right-of-way, permit, lease, or other authorization shall be— (A) deposited in the general fund of the Treasury; and (B) without further appropriation or fiscal year limitation, allocated as follows: (i) 25 percent shall be paid from amounts in the general fund of the Treasury to the State within the boundaries of which the revenue is derived. (ii) 25 percent shall be paid from amounts in the general fund of the Treasury to each county within the boundaries of which the revenue is derived, to be allocated among each such county based on the percentage of land from which the revenue is derived. (2) Payments to states and counties (A) In general The amounts paid to States and counties under paragraph (1) shall be used consistent with section 35 of the Mineral Leasing Act (30 U.S.C. 191). (B) Payments in lieu of taxes A payment to a county under paragraph (1) shall be in addition to a payment in lieu of taxes received by the county under chapter 69 of title 31, United States Code. (C) Timing The amounts required to be paid under paragraph (1)(B) for an applicable fiscal year shall be made available not later than the fiscal year that immediately follows the fiscal year for which the amounts were collected. (b) Definitions In this section: (1) Covered land The term covered land means land that is— (A) public lands administered by the Secretary; and (B) not excluded from the development of solar or wind energy under— (i) a land use plan; or (ii) other Federal law. (2) Public lands The term public lands means— (A) public lands as such term is defined in section 103 of the Federal Land Policy and Management Act of 1976 (43 U.S.C. 1702); and (B) lands of the National Forest System as described in section 11(a) of the Forest and Rangeland Renewable Resources Planning Act of 1974 (16 U.S.C. 1609(a)). (3) Renewable energy project The term renewable energy project means a system described in section 2801.9(a)(4) of title 43, Code of Federal Regulations (as such section is in effect on the date of the enactment of this Act), located on covered land that uses wind or solar energy to generate energy. (4) Secretary The term Secretary means— (A) the Secretary of the Interior with respect to land controlled or administered by the Secretary of the Interior; or (B) the Secretary of Agriculture with respect to the lands of the National Forest System controlled or administered by the Secretary of Agriculture.