§ 286. — Disposition of royalties and rents from potassium leases.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 30USC286]
TITLE 30--MINERAL LANDS AND MINING
CHAPTER 3A--LEASES AND PROSPECTING PERMITS
SUBCHAPTER IX--POTASH
Sec. 286. Disposition of royalties and rents from potassium
leases
All money received from royalties and rentals from any lease issued
or renewed under the provisions of subchapter VII of chapter 3 of this
title, shall be paid into, reserved, and appropriated as follows: 52\1/
2\ per centum to the Reclamation Fund, 10 per centum to the Treasury of
the United States as miscellaneous receipts, and 37\1/2\ per centum
shall be paid by the Secretary of the Treasury, after the expiration of
each fiscal year, to the State within the boundaries of which the leased
lands or deposits are or were located, such money to be used by such
State or subdivision thereof for the construction and maintenance of
public roads or for the support of schools or other public educational
institutions, as the legislature of the State may direct.
(Feb. 7, 1927, ch. 66, Sec. 6, 44 Stat. 1058; June 1, 1948, ch. 356, 62
Stat. 279.)
References in Text
Subchapter VII of chapter 3, referred to in text, was in the
original ``the Act entitled `An Act to authorize exploration for and
disposition of potassium' approved October 2, 1917'', meaning act Oct.
2, 1917, ch. 62, 40 Stat. 297, which was classified to subchapter VII
(Sec. 141 et seq.) of chapter 3 of this title and which was repealed by
act Feb. 7, 1927, ch. 66, Sec. 6, 44 Stat. 1058.
Codification
Section is composed of the second sentence of section 6 of act Feb.
7, 1927, as added by act June 1, 1948. The first sentence of section 6
repealed former sections 141 to 152 of this title and did not affect
pending applications for permits or leases filed prior to Jan. 1, 1926,
or valid claims existent on Feb. 7, 1927, and thereafter maintained in
compliance with the laws under which initiated, which claims could be
perfected under such laws, including discovery.
Section was not enacted as part of act Feb. 25, 1920, ch. 85, 41
Stat. 437, known as the Mineral Leasing Act, which comprises this
chapter.
