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30 USC 1715 - Explanation of payments
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US Code > Mineral Lands and Mining > 30 USC 1715 - Explanation of payments
Sec. 1715. Explanation of payments
(a)
Description, period, source, etc., of payments to States or Indians
When any payment (including amounts due from receipt of any royalty, bonus, interest charge, fine, or rental) is made by the United States to a State with respect to any oil or gas lease on Federal lands or is deposited in the appropriate Indian account on behalf of an Indian tribe or Indian allottee with respect to any oil and gas lease on Indian lands, there shall be provided, together with such payment, a description of the type of payment being made, the period covered by such payment, the source of such payment, production amounts, the royalty rate, unit value and such other information as may be agreed upon by the Secretary and the recipient State, Indian tribe, or Indian allottee.
(b)
Effective date
This section shall take effect with respect to payments made after October 1, 1983, unless the Secretary, by rule, prescribes an earlier effective date.
Sections: 1757 1758 1759 1711 1712 1713 1714 1715 1716 1717 1718 1719 1720 1720a 1721
Last modified: July 21, 2011
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