BILL ANALYSIS                                                                                                                                                                                                    



                                                                  AJR 30
                                                                  Page  1

          Date of Hearing:  March 22, 2010

                       ASSEMBLY COMMITTEE ON NATURAL RESOURCES
                                Wesley Chesbro, Chair
                  AJR 30 (Salas) - As Introduced:  February 2, 2010
           
          SUBJECT  :  Geothermal power plants:  section 1603 grant.

           SUMMARY  :  Memorializes the President and Congress to request  
          that the US Treasury Department (Department) clarify that  
          "exploring" with respect geothermal power projects does not  
          constitute "physical work" for determining when construction  
          commences for purposes of eligibility for a grant under Section  
          1603 of the American Recovery and Reinvestment Tax Act of 2009  
          (ARRA).  

           EXISTING LAW  :  

          1)Establishes the Division of Oil, Gas, and Geothermal Resources  
            within the Department of Conservation (DOC).  

          2)Requires DOC to oversee the drilling, operation, maintenance  
            and abandonment of oil, gas, and geothermal wells. An owner or  
            operator of any well is required to obtain approval from DOC  
            prior to commencing the drilling of a well.

          3)Authorizes DOC to deny proposed oil and gas well drilling  
            operations if an operator fails to comply with an order, pay a  
            civil penalty or other fee, or remedy a violation.

          4)Authorizes DOC to order a well to be inspected, abandoned or  
            redrilled if the well is determined to be hazardous or  
            idle-deserted.

          5)Imposes a civil penalty of $5,000 on any person who violates  
            policies or regulations governing the management of geothermal  
            resources.

           FISCAL EFFECT  :  None

           COMMENTS  :  According to the author, ARRA includes substantial  
          incentives for the development of renewable energy projects,  
          including major tax credits, or grants in lieu of tax credits,  
          for new projects if construction commences after January 1, 2009  
          and are in service by December 21, 2013.  Geothermal facilities  








                                                                  AJR 30
                                                                  Page  2

          are unique in that exploratory wells must be drilled before  
          construction can begin on the project to determine the quality  
          of the resource.  This resolution urges the Department to  
          clarify the definition of "commencement of construction" to  
          exclude drilling of exploratory wells.    

          Section 1603 ARRA program guidance states that construction is  
          considered to commence "when physical work of a significant  
          nature begins" and further clarifies that "physical work does  
          not include preliminary activities such as planning or  
          designing, securing financing, exploring, or researching."   
          Exploratory wells can be modified (with additional construction  
          and permitting) to become operational wells.  Without further  
          clarification, stakeholders are concerned that the Department  
          may rule that these exploratory wells constitutes "commencement  
          of construction" and deny Section 1603 grants to geothermal  
          projects that would otherwise be eligible.  

           REGISTERED SUPPORT / OPPOSITION  :

           Support 
           
          El Centro Chamber of Commerce
          Imperial County Board of Supervisors

           Opposition 
           
          None on file

           
          Analysis Prepared by  :  Elizabeth MacMillan / NAT. RES. / (916)  
          319-2092