30 CFR 1219.516 - When will ONRR disburse funds to Gulf producing States and coastal political subdivisions?

Regulations last checked for updates: May 18, 2024

Title 30 - Mineral Resources last revised: May 15, 2024

View all text of Subpart E [§ 1219.510 - § 1219.516]

§ 1219.516 - When will ONRR disburse funds to Gulf producing States and coastal political subdivisions?

ONRR will disburse GOMESA revenues as soon as authorized and practicable within the fiscal year following the year that we collect qualified OCS revenues (Phase II).

authority: Section 104, Pub. L. 97-451, 96 Stat. 2451 (30 U.S.C. 1714), Pub. L. 109-432, Div. C, Title I, 120 Stat. 3000

source: 80 FR 81458, Dec. 30, 2015, unless otherwise noted.

cite as: 30 CFR 1219.516