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43 U.S.C. § 315iDisposition of moneys received; availability for improvements

submitted 92 years ago by ch. 865 to r/title-43-PUBLIC-LANDS · 269 words · no verdicts yet

in plain englishAI-generated · not legal advice

Money collected from grazing districts mostly goes to the U.S. Treasury as general funds. But a share of grazing fees and lease payments goes back to the states where the land sits. States decide how to spend that money to benefit the local counties.

Except for the money covered by sections 315h and 315j of this title, all money collected under this subchapter's authority goes into the U.S. Treasury as miscellaneous receipts. But two portions of that money get sent back out: (a) Each fiscal year, the Treasury Secretary pays 12½ percent of the grazing fees collected under section 315b to the state where the grazing district that produced the money is located. The state legislature decides how to spend it, but only for the benefit of the county or counties where that district sits. If a district spans more than one state or county, each one's share is based on how much of the district's area lies within it. (b) Each fiscal year, the Treasury Secretary also pays 50 percent of the money collected under section 315m to the state where the land that produced it is located. Again, the state legislature decides how to spend it for the benefit of the county or counties where the land sits, and if a leased tract spans more than one state or county, each one's share is based on its portion of that tract's area.
the actual law source: uscode.house.gov ↗public domain

Except as provided in sections 315h and 315j of this title, all moneys received under the authority of this subchapter shall be deposited in the Treasury of the United States as miscellaneous receipts, but the following proportions of the moneys so received shall be distributed as follows: (a) 12½ per centum of the moneys collected as grazing fees under section 315b of this title during any fiscal year shall be paid at the end thereof by the Secretary of the Treasury to the State in which the grazing districts producing such moneys are situated, to be expended as the State legislature of such State may prescribe for the benefit of the county or counties in which the grazing districts producing such moneys are situated: Provided, That if any grazing district is in more than one State or county, the distributive share to each from the proceeds of said district shall be proportional to its area in said district; (b) 50 per centum of all moneys collected under section 315m of this title1 during any fiscal year shall be paid at the end thereof by the Secretary of the Treasury to the State in which the lands producing such moneys are located, to be expended as the State legislature of such State may prescribe for the benefit of the county or counties in which the lands producing such moneys are located: Provided, That if any leased tract is in more than one State or county, the distributive share to each from the proceeds of said leased tract shall be proportional to its area in said leased tract.

Source credit: (June 28, 1934, ch. 865, § 10, 48 Stat. 1273; June 26, 1936, ch. 842, title I, § 4, 49 Stat. 1978; Aug. 6, 1947, ch. 507, § 2, 61 Stat. 790; Pub. L. 94–579, title IV, § 401(b)(2), Oct. 21, 1976, 90 Stat. 2773.)

history & why it existsrecord from the source credit
  • 1934Enacted · Act of June 28, 1934, ch. 865 · 48 Stat. 1273
  • 1936Amended · Act of June 26, 1936, ch. 842 · 49 Stat. 1978
  • 1947Amended · Act of Aug. 6, 1947, ch. 507 · 61 Stat. 790
  • 1976Amended · Pub. L. 94-579 · 90 Stat. 2773

A history note hasn’t been published yet. The record shows enactment by ch. 865 on 1934-06-28.

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