The bill mandates a legislative management study on the feasibility of developing geothermal energy in North Dakota during the 2025-26 interim. The study will evaluate several key areas, including the state's geology for resource exploration and production, support for startup geothermal companies to foster innovation and economic growth, the application of geothermal energy to nonproductive oil and gas wells, and other opportunities to advance geothermal energy in the state.

Upon completion of the study, the legislative management is required to report its findings and recommendations to the seventieth legislative assembly, including any necessary legislation to implement those recommendations. This initiative aims to explore and potentially enhance the state's energy sector through geothermal energy development.