§1181f. Oregon and California land-grant fund; annual distribution of moneys
On and after March 1, 1938, all moneys deposited in the Treasury of the United States in the special fund designated the "Oregon and California land-grant fund" shall be distributed annually as follows:
(a) Fifty per centum to the counties in which the lands revested under the Act of June 9, 1916 (
(b) Twenty-five per centum to said counties as money in lieu of taxes accrued or which shall accrue to them prior to March 1, 1938, under the provisions of the Act of July 13, 1926 (
From and after payment of the above accrued taxes said 25 per centum shall be accredited annually to the general fund in the Treasury of the United States until all reimbursable charges against the Oregon and California land-grant fund owing to the general fund in the Treasury have been paid: Provided, That if for any year after the extinguishment of the tax indebtedness accruing to the counties prior to March 1, 1938, under the provisions of Forty-fourth Statutes, page 915, the total amount payable under subsection (a) of this section is less than 78 per centum of the aggregate amount of tax claims which accrued to said counties under said Act for the year 1934, there shall be additionally payable for such year such portion of said 25 per centum (but not in excess of three-fifths of said 25 per centum), as may be necessary to make up the deficiency. When the general fund in the Treasury has been fully reimbursed for the expenditures which were made charges against the Oregon and California land-grant fund said 25 per centum shall be paid annually, on or after September 30, to the several counties in the manner provided in subsection (a) of this section.
(c) Twenty-five per centum to be available for the administration of sections 1181a to 1181f of this title, in such annual amounts as the Congress shall from time to time determine. Any part of such per centum not used for administrative purposes shall be covered into the general fund of the Treasury of the United States: Provided, That moneys covered into the Treasury in such manner shall be used to satisfy the reimbursable charges against the Oregon and California land-grant fund mentioned in subsection (b) of this section so long as any such charges shall exist.
(Aug. 28, 1937, ch. 876, title II, §201,
References in Text
Act of June 9, 1916, referred to in subsec. (a), is act June 9, 1916, ch. 137,
Act of July 13, 1926 (
Codification
Section comprises all of section 201 of act Aug. 28, 1937, title II, except a second paragraph of subsec. (c) of that section which is set out as a Repeals note under section 1181a of this title.
Amendments
1976-Subsec. (b).
1954-Subsec. (a). Act June 24, 1954, inserted proviso relating to determination of assessment.
Sharing of Bureau of Land Management Timber Sale Receipts
"(a)
"(1)
"(A) for fiscal year 1994, 85 percent; and
"(B) for each of fiscal years 1995 through 2003, 3 percentage points less than the applicable percentage for the preceding fiscal year.
"(2) 50-
"(3)
"(A) the applicable percentage; by
"(B) the annual average of the 50-percent payments to counties made to a county pursuant to such Acts during the 5-year period consisting of fiscal years 1986 through 1990.
"(b)
"(1)
"(2)
"(A)
"(B)
"(i) the special payment amount; or
"(ii) the share of the 50-percent payments to counties allocable to the county."
Cross References
Provisions respecting administration, management and consolidation of certain national forest lands as not affecting status of Oregon and California Railroad grant lands, see section 521a of Title 16, Conservation.
Section Referred to in Other Sections
This section is referred to in sections 869–4, 1181d, 1181e, 1181f–4, 1181g, 1181i, 1735, 1752 of this title; title 16 section 521a; title 30 sections 601, 603.