43 U.S.C. § 316h — Dispositions of receipts
submitted 99 years ago by ch. 513 to r/title-43-PUBLIC-LANDS · 63 words · no verdicts yet
Grazing fees sometimes bring in more money than it costs to run the program. At the end of each year, that extra money goes to the Territory of Alaska. Alaska's Legislature decides how to spend it. The money must fund public education and roads.
This section says what happens to leftover grazing fee money.
Each fiscal year, the government collects grazing fees. If those fees add up to more than the actual cost of administering this subchapter, there is money left over.
At the end of the fiscal year, the Secretary* of the Treasury pays that extra money to the Territory of Alaska. Alaska's Legislature then decides exactly how to spend it. But the spending is not unlimited — the law requires the money to benefit public education and roads.
All moneys received during any fiscal year on account of such fees in excess of the actual cost of administration of this subchapter shall be paid at the end thereof by the Secretary* of the Treasury to the Territory of Alaska, to be expended in such manner as the Legislature of the Territory may direct for the benefit of public education and roads.
Source credit: (Mar. 4, 1927, ch. 513, § 9, 44 Stat. 1453.)
- 1927Enacted · Act of Mar. 4, 1927, ch. 513 · 44 Stat. 1453
A history note hasn’t been published yet. The record shows enactment by ch. 513 on 1927-03-04.
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