16 U.S.C. § 490 — Deposits from timber purchasers to defray cost of disposing of debris
submitted 110 years ago by ch. 313 to r/title-16-CONSERVATION · 91 words · no verdicts yet
The Secretary of Agriculture can require national-forest timber buyers to deposit money upfront. That money covers the estimated cost of clearing brush and debris left from cutting. Deposits go into a special Treasury fund, and unused amounts get transferred to the forest-reserve fund.
Purchasers of national-forest timber may be required by the Secretary of Agriculture to deposit the estimated cost to the United States of disposing of brush and other debris resulting from their cutting operations, such deposits to be covered into the Treasury and constitute a special fund, which is appropriated and shall remain available until expended: Provided, That any deposits in excess of the amount expended for disposals shall be transferred to miscellaneous receipts, forest-reserve fund, to be credited to the receipts of the year in which such transfer is made.
Source credit: (Aug. 11, 1916, ch. 313, 39 Stat. 462; Apr. 24, 1950, ch. 97, § 6, 64 Stat. 84.)
- 1916Enacted · Act of Aug. 11, 1916, ch. 313 · 39 Stat. 462
- 1950Amended · Act of Apr. 24, 1950, ch. 97 · 64 Stat. 84
A history note hasn’t been published yet. The record shows enactment by ch. 313 on 1916-08-11.
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