§ 1181f-1. — Coos Bay Wagon Road grant fund; annual payments; appraisal and assessment of land and timber; computation of payments.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 43USC1181f-1]
TITLE 43--PUBLIC LANDS
CHAPTER 28--MISCELLANEOUS PROVISIONS RELATING TO PUBLIC LANDS
SUBCHAPTER V--OREGON AND CALIFORNIA RAILROAD AND COOS BAY WAGON ROAD
GRANT LANDS
Sec. 1181f-1. Coos Bay Wagon Road grant fund; annual payments;
appraisal and assessment of land and timber; computation of
payments
Beginning with the fiscal year next following May 24, 1939, not to
exceed 75 per centum of the receipts derived in any one year from the
Coos Bay Wagon Road grant lands in Oregon and deposited in the special
fund in the Treasury created by the Act of February 26, 1919 (40 Stat.
1179), and designated ``The Coos Bay Wagon Road grant fund'' shall be
paid annually, in lieu of taxes, by the Secretary of the Treasury, upon
certification by the Secretary of the Interior, to the treasurers of
Coos and Douglas Counties according to the ratio that the total assessed
valuation of the reconveyed Coos Bay Wagon Road grant lands, belonging
to the United States, in each of said counties bears to the total
assessed valuation of all said lands in those counties, to be used for
the purposes mentioned in said Act: Provided, That until such time as
the general fund of the Treasury of the United States shall have been
fully reimbursed by Douglas County for expenditures which were made
charges against the Coos Bay Wagon Road grant fund by section 5 of the
Act of February 26, 1919, said Douglas County shall be entitled to
receive only 50 per centum of the amount to which it would otherwise be
entitled under sections 1181f-1 to 1181f-4 of this title: Provided
further, That prior to making any payment under this authorization an
appraisal of the land and timber thereon shall be made, within six
months after May 24, 1939, by a committee to consist of a representative
of the Secretary of the Interior, one representative for the two
counties interested, and a third person satisfactory to the Secretary of
the Interior and the county officials, but who shall not be an employee
of the United States nor a resident of, nor a property owner in, either
Coos or Douglas County. Upon appraisal thereof, the land and timber
thereon shall be assessed as are other similar properties within the
respective counties, and payments hereunder in lieu of taxes shall be
computed by applying the same rates of taxation as are applied to
privately owned property of similar character in such counties.
(May 24, 1939, ch. 144, Sec. 1, 53 Stat. 753.)
References in Text
Act of February 26, 1919, referred to in text, is act Feb. 26, 1919,
ch. 47, 40 Stat. 1179, which is not classified to the Code.
Repeals
Section 5 of act May 24, 1939, provided that: ``All Acts or parts of
Acts inconsistent with this Act [sections 1181f-1 to 1181f-4 of this
title] are hereby repealed.''
Section Referred to in Other Sections
This section is referred to in sections 869-4, 1181f-2 of this
title.
