§191a Late Payment Charges Under Federal Mineral Leases

Summary

Put any interest or late fees the U.S. gets because someone paid royalty, rent, bonus, or other money late on a federal lease for oil, gas, coal, other minerals, or geothermal steam into the same account and give them to the same people in the same way as the original payments. That rule applies to interest or other charges paid on or after July 1, 1988. Interest or other charges paid before July 1, 1988 that were already sent to a State or other recipient are approved and cannot be taken back. That protection does not apply if the underlying royalty, rent, bonus, or other amount was later found not to be owed to the United States.