If a geothermal energy company wants to drill on state or private land (not federal or tribal land), and the U.S. government owns less than half of the underground rights to that spot, this bill lets them skip getting a federal drilling permit — they'd just need a permit from the state instead. It also removes several federal reviews that normally apply: they wouldn't have to go through the standard environmental impact review process for major projects, wouldn't need to check with wildlife agencies about effects on endangered species, and wouldn't need a federal review of impacts on historic sites — unless the state itself lacks its own law protecting historic properties, in which case that one review would still apply. In short, this speeds up and reduces federal oversight of geothermal drilling on non-federal land, shifting most of the permitting responsibility to state governments instead.