This bill would speed up geothermal energy projects by allowing those on non-federal land—with less than 50% federally owned underground resources—to proceed with only a state permit. These projects would be exempt from federal drilling permits, National Environmental Policy Act (NEPA) reviews, and most federal historic preservation and Endangered Species Act rules (unless the state lacks such laws). Federal oversight would still apply to collecting payments (royalties) from resource extraction and ensuring accurate reporting of production. The bill excludes Indian lands and resources managed in trust for tribes. It aims to reduce federal involvement and give states more authority over qualifying projects.