Us Code § 1715 - Explanation of payments
Full text of Us Code United States Code § 1715 — Explanation of payments, with citation guidance and answers to common questions.
§ 1715. Explanation of payments
(a) Description, period, source, etc., of payments to States or Indians
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) Effective date
This section shall take effect with respect to payments made after October 1, 1983, unless the Secretary, by rule, prescribes an earlier effective date.
(Pub. L. 97–451, title I, §105, Jan. 12, 1983, 96 Stat. 2452.)
About This Section
30 U.S.C. § 1715 is part of Title 30 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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