Sec. 2. Conveyance to States of property interest in State share of royalties and other payments
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/bill/115/s/1267/is/section-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 35 of the Mineral Leasing Act ( 30 U.S.C. 191 ) is amended— in the first sentence of subsection (a), by striking shall be paid into the Treasury and inserting shall, except as provided in subsection (b), be paid into the Treasury ; by striking subsection
(b)and inserting the following: Notwithstanding any other provision of law, on request of a State and in lieu of any payments to the State under subsection (a), the Secretary of the Interior shall convey to the State all right, title, and interest in and to the percentage specified in that subsection for that State of all amounts otherwise required to be paid into the Treasury under that subsection from sales, bonuses, royalties (including interest charges), and rentals for all public land or deposits located in the State. Notwithstanding any other provision of law, after a conveyance to a State under paragraph (1), any person shall pay directly to the State any amount owed by the person for which the right, title, and interest has been conveyed to the State under this subsection. The Secretary of the Interior shall promptly provide to each holder of a lease of public land to which subsection
(a)applies that are located in a State to which right, title, and interest is conveyed under this subsection notice that— the Secretary of the Interior has conveyed to the State all right, title, and interest in and to the amounts referred to in paragraph (1); and the leaseholder is required to pay the amounts directly to the State. ; and in subsection (c)(1), by inserting and except as provided in subsection
(b)before , any rentals . Section 6(a) of the Mineral Leasing Act for Acquired Lands ( 30 U.S.C. 355(a) ) is amended— in the first sentence, by striking Subject to the provisions of section 35(b) of the Mineral Leasing Act ( and inserting 30 U.S.C. 191(b) ), all All ; and in the second sentence, by striking of the Act of February 25, 1920 (41 Stat. 450; and inserting 30 U.S.C. 191 ) of the Mineral Leasing Act ( . 30 U.S.C. 191 ) Section 20(a) of the Geothermal Steam Act of 1970 ( 30 U.S.C. 1019(a) ) is amended in the matter preceding paragraph (1), in the second sentence, by striking the provisions of subsection
(b)of section 35 of the Mineral Leasing Act ( . 30 U.S.C. 191(b) ) and Section 205(f) of the Federal Oil and Gas Royalty Management Act of 1982 ( 30 U.S.C. 1735(f) ) is amended by striking the fourth, fifth, and sixth sentences.
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- 41 Stat. 450
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Sec. 2
Conveyance to States of property interest in State share of royalties and other payments
Stat.41 Stat. 450
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