Title 30 — Mineral Lands and MiningRelease 119-73

§1715 Explanation of payments

Title 30 › Chapter CHAPTER 29— - OIL AND GAS ROYALTY MANAGEMENT › Subchapter SUBCHAPTER I— - FEDERAL ROYALTY MANAGEMENT AND ENFORCEMENT › § 1715

Last updated Apr 6, 2026|Official source

Summary

When the United States pays a State or puts money into an Indian account for a tribe or allottee from an oil or gas lease, the payment must include a clear statement. The statement must say the kind of payment (for example, royalties, bonuses, interest, fines, or rent), the time period covered, where the money came from, how much was produced, the royalty rate, the unit value, and any other details the Secretary and the recipient agree on. This rule applies to payments made after October 1, 1983, unless the Secretary sets an earlier date by rule.

Full Legal Text

Title 30, §1715

Mineral Lands and Mining — Source: USLM XML via OLRC

(a)When any payment (including amounts due from receipt of any royalty, bonus, interest charge, fine, or rental) is made by the United States to a State with respect to any oil or gas lease on Federal lands or is deposited in the appropriate Indian account on behalf of an Indian tribe or Indian allottee with respect to any oil and gas lease on Indian lands, there shall be provided, together with such payment, a description of the type of payment being made, the period covered by such payment, the source of such payment, production amounts, the royalty rate, unit value and such other information as may be agreed upon by the Secretary and the recipient State, Indian tribe, or Indian allottee.

(b)This section shall take effect with respect to payments made after October 1, 1983, unless the Secretary, by rule, prescribes an earlier effective date.

Reference

Citations & Metadata

Citation

30 U.S.C. § 1715

Title 30 — Mineral Lands and Mining

Last Updated

Apr 6, 2026

Release point: 119-73