30 C.F.R. PART 219—DISTRIBUTION AND DISBURSEMENT OF ROYALTIES, RENTALS, AND BONUSES
Title 30 - Mineral Resources
Authority: Section 104, Pub. L. 97–451, 96 Stat. 2451 (30 U.S.C. 1714).
Source: 49 FR 37347, Sept. 21, 1984, unless otherwise noted.
A State's share of mineral leasing revenues shall be paid to the State not later than the last business day of the month in which the U.S. Treasury issues a warrant authorizing the disbursement, except for any portion of such revenues which is under challenge and placed in a suspense account pending resolution of a dispute. (a) Subject to the availability of appropriations, the Minerals Management Service (MMS) shall pay the State its proportionate share of any interest charge for royalty and related monies that are placed in a suspense account pending resolution of matters which will allow distribution and disbursement. Such monies not disbursed by the last business day of the month following receipt by MMS shall accrue interest until paid. (b) Upon resolution, the suspended monies found due in paragraph (a) of this section, plus interest, shall be disbursed to the State under the provisions of §219.100. (c) Paragraph (a) of this section shall apply to revenues which cannot be disbursed to the State because the payor/lessee provided incorrect, inadequate, or incomplete information to MMS which prevented MMS from properly identifying the payment to the proper recipient. The MMS shall disburse monies to a State either by Treasury check or by Electronic Funds Transfer (EFT). Should a State prefer to receive its payment by EFT, it should request this payment method in writing to the Minerals Management Service, Minerals Revenue Management, P.O. Box 5760, Denver, Colorado 80217–5760. [57 FR 41868, Sept. 14, 1992, as amended at 58 FR 64903, Dec. 10, 1993; 67 FR 19112, Apr. 18, 2002] Mineral revenues received from Indian leases shall be transferred to the appropriate Indian accounts managed by the Bureau of Indian Affairs (BIA) for allotted and tribal revenues. These accounts are specifically designated Treasury accounts. Revenues shall be transferred to the Indian accounts at the earliest practicable date after such funds are received, but in no case later than the last business day of the month in which revenues are received by the MMS. (a) Payments to States and BIA on behalf of Indian tribes or Indian allottees discussed in this part shall be described in Explanation of Payment reports prepared by the MMS. These reports will be at the lease level and shall include a description of the type of payment being made, the period covered by the payment, the source of the payment, sales amounts upon which the payment is based, the royalty rate, and the unit value. Should any State or Indian tribe desire additional information pertaining to mineral revenue payments, the State or tribe may request this information from the MMS. (b) The report shall be provided to: (1) States not later than the 10th day of the month following the month in which MMS disburses the State's share of royalties and related monies; (2) the BIA on behalf of tribes and Indian allottees not later than the 10th day of the month following the month the funds are disbursed by MMS. (c) Revenues that cannot be distributed to States, tribes, or Indian allottees because the payor/lessee provided incorrect, inadequate, or incomplete information, preventing MMS from properly identifying the payment to the proper recipient, shall not be included in the reports until the problem is resolved. Terms used in this subpart shall have the same meaning as in 30 U.S.C. 1702.
Title 30: Mineral Resources
PART 219—DISTRIBUTION AND DISBURSEMENT OF ROYALTIES, RENTALS, AND BONUSES
Section Contents
§ 219.100 Timing of payment to States.
§ 219.101 Receipts subject to an interest charge.
§ 219.102 Method of payment.
§ 219.103 Payments to Indian accounts.
§ 219.104 Explanation of payments to States and Indian tribes.
§ 219.105 Definitions.
Subpart A—General Provisions [Reserved]
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Subpart B—Oil and Gas, General [Reserved]
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Subpart C—Oil and Gas, Onshore
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§ 219.100 Timing of payment to States.
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§ 219.101 Receipts subject to an interest charge.
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§ 219.102 Method of payment.
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§ 219.103 Payments to Indian accounts.
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§ 219.104 Explanation of payments to States and Indian tribes.
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§ 219.105 Definitions.
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