Title 30, Mineral Lands and MiningRelease 119-73not60
§286 Disposition of Royalties and Rents From Potassium Leases
Title 30 › Chapter 3A— LEASES AND PROSPECTING PERMITS › Subchapter IX— POTASH › § 286
Summary
Money from royalties and rents on leases under subchapter VII of chapter 3 must be split: 52½% to Reclamation Fund, 10% to Treasury, and 37½% paid after each fiscal year by Treasury Secretary to the state containing the leased land for roads or schools as its legislature directs.
Full Legal Text
Title 30, §286
Mineral Lands and Mining, Source: USLM XML via OLRC
All money received from royalties and rentals from any lease issued or renewed under the provisions of subchapter VII of chapter 3 of this title, shall be paid into, reserved, and appropriated as follows: 52½ per centum to the Reclamation Fund, 10 per centum to the Treasury of the United States as miscellaneous receipts, and 37½ per centum shall be paid by the Secretary of the Treasury, after the expiration of each fiscal year, to the State within the boundaries of which the leased lands or deposits are or were located, such money to be used by such State or subdivision thereof for the construction and maintenance of public roads or for the support of schools or other public educational institutions, as the legislature of the State may direct.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
Subchapter VII of chapter 3, referred to in text, was in the original “the Act entitled ‘An Act to authorize exploration for and disposition of potassium’ approved
October 2, 1917”, meaning act Oct. 2, 1917, ch. 62, 40 Stat. 297, which was classified to subchapter VII (§ 141 et seq.) of chapter 3 of this title and which was repealed by act Feb. 7, 1927, ch. 66, § 6, 44 Stat. 1058. Codification Section is composed of the second sentence of section 6 of act Feb. 7, 1927, as added by act
June 1, 1948. The first sentence of section 6 repealed former sections 141 to 152 of this title and did not affect pending applications for permits or leases filed prior to Jan. 1, 1926, or valid claims existent on Feb. 7, 1927, and thereafter maintained in compliance with the laws under which initiated, which claims could be perfected under such laws, including discovery. Section was not enacted as part of act Feb. 25, 1920, ch. 85, 41 Stat. 437, known as the Mineral Leasing Act, which comprises this chapter.
Reference
Citations & Metadata
Citation
30 U.S.C. § 286
Title 30, Mineral Lands and Mining
Last Updated
Apr 5, 2026
Release point: 119-73not60