Title 30Mineral Lands and MiningRelease 119-73not60

§1715 Explanation of Payments

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

Last updated Apr 5, 2026|Official source

Summary

When the United States pays a State or deposits funds for an Indian tribe or allottee for oil or gas on Federal or Indian lands, it must include details of type, period, source, production, royalty, unit value and other agreed info. Effective after October 1, 1983, unless the Secretary sets an earlier date.

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 30Mineral Lands and Mining

Last Updated

Apr 5, 2026

Release point: 119-73not60