§ 355. — Disposition of receipts.
[Laws in effect as of January 7, 2003]
[Document not affected by Public Laws enacted between
January 7, 2003 and December 19, 2003]
[CITE: 30USC355]
TITLE 30--MINERAL LANDS AND MINING
CHAPTER 7--LEASE OF MINERAL DEPOSITS WITHIN ACQUIRED LANDS
Sec. 355. Disposition of receipts
(a) Subject to the provisions of section 35(b) of the Mineral
Leasing Act (30 U.S.C. 191(b)), all receipts derived from leases issued
under the authority of this chapter shall be paid into the same funds or
accounts in the Treasury and shall be distributed in the same manner as
prescribed for other receipts from the lands affected by the lease, the
intention of this provision being that this chapter shall not affect the
distribution of receipts pursuant to legislation applicable to such
lands: Provided, however, That receipts from leases or permits for
minerals in lands set apart for Indian use, including lands the
jurisdiction of which has been transferred to the Department of the
Interior by the Executive order for Indian use, shall be deposited in a
special fund in the Treasury until final disposition thereof by the
Congress. Notwithstanding the preceding provisions of this section, all
receipts derived from leases on lands acquired for military or naval
purposes, except the naval petroleum reserves and national oil shale
reserves, shall be paid into the Treasury of the United States and
disposed of in the same manner as provided under section 35 of the Act
of February 25, 1920 (41 Stat. 450; 30 U.S.C. 191), in the case of
receipts from sales, bonuses, royalties, and rentals of the public lands
under that Act [30 U.S.C. 181 et seq.].
(b) Notwithstanding any other provision of law, any payment to a
State under this section shall be made by the Secretary of the Interior
and shall be made not later than the last business day of the month
following the month in which such moneys or associated reports are
received by the Secretary of the Interior, whichever is later. The
preceding sentence shall also apply to any payment to a State derived
from a lease for mineral resources issued by the Secretary of the
Interior under section 520 of title 16. The Secretary shall pay interest
to a State on any amount not paid to the State within that time at the
rate prescribed under section 1721 \1\ of this title from the date
payment was required to be made under this subsection until the date
payment is made.
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\1\ See References in Text note below.
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(Aug. 7, 1947, ch. 513, Sec. 6, 61 Stat. 915; Pub. L. 97-94, Sec. 1,
Dec. 17, 1981, 95 Stat. 1205; Pub. L. 102-486, title XXV, Sec. 2506(a),
Oct. 24, 1992, 106 Stat. 3106; Pub. L. 103-66, title X, Sec. 10202(a),
Aug. 10, 1993, 107 Stat. 408; Pub. L. 107-76, title VII, Sec. 751(e)(2),
Nov. 28, 2001, 115 Stat. 739.)
References in Text
The Mineral Leasing Act, referred to in subsec. (a), is act Feb. 25,
1920, ch. 85, 41 Stat. 437, as amended, which is classified generally to
chapter 3A (Sec. 181 et seq.) of this title. For complete classification
of this Act to the Code, see Short Title note set out under section 181
of this title and Tables.
Section 1721 of this title, referred to in subsec. (b), was in the
original ``section 111 of the Federal Oil and Gas Royalty Management Act
of 1982'', which enacted section 1721 of this title and amended section
191 of this title.
Amendments
2001--Subsec. (b). Pub. L. 107-76 inserted after first sentence
``The preceding sentence shall also apply to any payment to a State
derived from a lease for mineral resources issued by the Secretary of
the Interior under section 520 of title 16.''
1993--Subsec. (a). Pub. L. 103-66 substituted ``Subject to the
provisions of section 35(b) of the Mineral Leasing Act (30 U.S.C.
191(b)), all receipts'' for ``All receipts'' in first sentence.
1992--Pub. L. 102-486 designated existing provisions as subsec. (a)
and added subsec. (b).
1981--Pub. L. 97-94 inserted provision that all receipts derived
from leases on lands acquired for military or naval purposes, except the
naval petroleum reserves and national shale oil reserves, be paid into
the Treasury of the United States and disposed of in the same manner as
provided under section 35 of the Act of February 25, 1920, in the case
of receipts from sales, bonuses, royalties, and rentals of the public
lands under that Act.
Effective Date of 1981 Amendment
Section 2 of Pub. L. 97-94 provided that: ``The amendment made by
the first section of this Act [amending this section] shall take effect
with respect to leases entered into after January 1, 1981.''
Outer Continental Shelf; Revenues From Leases
Disposition of revenues from leases on submerged lands of outer
Continental Shelf, see sections 1337(g) and 1338 of Title 43, Public
Lands.
Section Referred to in Other Sections
This section is referred to in sections 360, 1019 of this title;
title 25 section 459d; title 31 section 6903.
