Geothermal royalty reduced, new regs out
Alaska Gov. Sean Parnell signed Senate Bill 243 June 2, reducing geothermal royal rates.
The bill, proposed by Sen. Lesil McGuire, R-Anchorage, made state royalty rates for geothermal the same as federal rates.
In the Senate Finance Committee the bill was expanded to move authority over geothermal....
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