Browse Arkansas Code titles and sections
43 U.S.C. § 1338 — Disposition of revenues
Federal law — U.S. Code and appendices · legal_authorities
All rentals, royalties, and other sums paid to the Secretary or the Secretary of the Navy under any lease on the outer Continental Shelf for the period from June 5, 1950, to date, and thereafter shall be deposited in the Treasury of the United States and credited to miscellaneous receipts.
Source: Supplied U.S. Code snapshot — release unconfirmed · 43 U.S.C. § 1338
Stored review status: release_metadata_unconfirmed. A text match is a research starting point; applicability is not established.
Original supplied file — preserved unchanged
Download original Markdown file
File SHA-256: f021e2d3bff5d52c7f7d5c51955e7130b9418f48631eb8092ae2303f6aa5f508. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.
Authority boundary: historical or unconfirmed source not current law verified.
Open the recorded source website ↗
Record provenance
Stable record: federal_law:legal_authorities:record_usc_e11c70a559e035db6c79679c
Source file: Laws/federal/codes/united-states-code/title-43/section-1338-disposition-of-revenues--eccc1d1ff3.md
Pages: Not recorded – Not recorded
Passage SHA-256: 339d9357a829a8219779ddca2b85a9138750b4249552cf9b1378228febbf0a24
Source location: Title 43, Chapter 29, § 1338; chapter-029-submerged-lands.md
Stored source content
All rentals, royalties, and other sums paid to the Secretary or the Secretary of the Navy under any lease on the outer Continental Shelf for the period from June 5, 1950, to date, and thereafter shall be deposited in the Treasury of the United States and credited to miscellaneous receipts.
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Federal law — U.S. Code and appendices · legal_authorities
**(a) Charge on late royalty payment or royalty payment deficiency** In the case of oil and gas leases where royalty payments are not received by the Secretary on the date that such payments are due, or are less than the amount due, the Secretary shall charge interest on such late payments or underpayments at the rate applicable under [section 6621 of title 26](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section6621&num=0&edition=prelim). In the case of an underpayment or partial payment, interest shall be computed and charged only on the amount of the deficiency and not on the total amount due.
**(b) Charge on late payment made by Secretary to States** Any payment made by the Secretary to a State under [section 191 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title30-section191&num=0&edition=prelim) and any other payment made by the Secretary to a State from any oil or gas royalty received by the Secretary which is not paid on the date required under [section 191 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title30-section191&num=0&edition=prelim) shall include an interest charge computed at the rate applicable under [section 6621 of title 26](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section6621&num=0&edition=prelim).
**(c) Deposit in royalty accounts of charges on royalties due and owing Indians** All interest charges collected under this chapter or under other applicable laws because of nonpayment, late payment or underpayment of royalties due and owing an Indian tribe or an Indian allottee shall be deposited to the same account as the royalty with respect to which such interest is paid.
**(d) Charge on late deposit of royalty fund to an Indian accoun
Source: Supplied U.S. Code snapshot — release unconfirmed · 30 U.S.C. § 1722
Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
In this subchapter:
**(a) Outer Continental Shelf.—** The term “outer Continental Shelf” means—
(1) all submerged lands lying seaward and outside of the area of lands beneath navigable waters as defined in [section 1301 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title43-section1301&num=0&edition=prelim), and of which the subsoil and seabed appertain to the United States and are subject to its jurisdiction and control or within the exclusive economic zone of the United States and adjacent to any territory of the United States; and
(2) does not include any area conveyed by Congress to a territorial government for administration;
**(b) Secretary.—** The term “Secretary” means the Secretary of the Interior, except that with respect to functions under this subchapter transferred to, or vested in, the Secretary of Energy or the Federal Energy Regulatory Commission by or pursuant to the Department of Energy Organization Act ([42 U.S.C. 7101](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section7101&num=0&edition=prelim) et seq.), the term “Secretary” means the Secretary of Energy, or the Federal Energy Regulatory Commission, as the case may be.
**(c) Lease.—** The term “lease” means any form of authorization which is issued under [section 1337 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title43-section1337&num=0&edition=prelim) or maintained under [section 1335 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title43-section1335&num=0&edition=prelim) and which authorizes exploration for, and development and production of, minerals.
**(d) Person.—** The term “person” includes, in addition to a natural person, an association, a State, a political subdivision o
Source: Supplied U.S. Code snapshot — release unconfirmed · 43 U.S.C. § 1331
Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
**(a) Requirements for validation** The provisions of this section shall apply to any mineral lease covering submerged lands of the outer Continental Shelf issued by any State (including any extension, renewal, or replacement thereof heretofore granted pursuant to such lease or under the laws of such State) if—
(1) such lease, or a true copy thereof, is filed with the Secretary by the lessee or his duly authorized agent within ninety days from August 7, 1953, or within such further period or periods as provided in [section 1336 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title43-section1336&num=0&edition=prelim) or as may be fixed from time to time by the Secretary;
(2) such lease was issued prior to December 21, 1948, and would have been on June 5, 1950, in force and effect in accordance with its terms and provisions and the law of the State issuing it had the State had the authority to issue such lease;
(3) there is filed with the Secretary, within the period or periods specified in paragraph (1) of this subsection, (A) a certificate issued by the State official or agency having jurisdiction over such lease stating that it would have been in force and effect as required by the provisions of paragraph (2) of this subsection, or (B) in the absence of such certificate, evidence in the form of affidavits, receipts, canceled checks, or other documents that may be required by the Secretary, sufficient to prove that such lease would have been so in force and effect;
(4) except as otherwise provided in [section 1336 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title43-section1336&num=0&edition=prelim) hereof, all rents, royalties, and other sums payable under such lease between June 5, 1950, and August 7, 1953
Source: Supplied U.S. Code snapshot — release unconfirmed · 43 U.S.C. § 1335
Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
**(a) Oil and gas leases; award to highest responsible qualified bidder; method of bidding; royalty relief; Congressional consideration of bidding system; notice**
(1) The Secretary is authorized to grant to the highest responsible qualified bidder or bidders by competitive bidding, under regulations promulgated in advance, any oil and gas lease on submerged lands of the outer Continental Shelf which are not covered by leases meeting the requirements of subsection (a) of [section 1335 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title43-section1335&num=0&edition=prelim). Such regulations may provide for the deposit of cash bids in an interest-bearing account until the Secretary announces his decision on whether to accept the bids, with the interest earned thereon to be paid to the Treasury as to bids that are accepted and to the unsuccessful bidders as to bids that are rejected. The bidding shall be by sealed bid and, at the discretion of the Secretary, on the basis of—
(A) cash bonus bid with a royalty at not less than 12½ percent, but not more than 16⅔ percent, fixed by the Secretary in amount or value of the production saved, removed, or sold;
(B) variable royalty bid based on a per centum in amount or value of the production saved, removed, or sold, with either a fixed work commitment based on dollar amount for exploration or a fixed cash bonus as determined by the Secretary, or both;
(C) cash bonus bid, or work commitment bid based on a dollar amount for exploration with a fixed cash bonus, and a diminishing or sliding royalty based on such formulae as the Secretary shall determine as equitable to encourage continued production from the lease area as resources diminish, but not less than 12½ percent, but not more than 16⅔ pe
Source: Supplied U.S. Code snapshot — release unconfirmed · 43 U.S.C. § 1337
Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
For each of fiscal years 2012 to 2023,11 See Application of Section note below. $150,000,000 shall be deposited in the Historic Preservation Fund from revenues due and payable to the United States under section 9 of the Outer Continental Shelf Lands Act ([43 U.S.C. 1338](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title43-section1338&num=0&edition=prelim)), [section 8733(b) of title 10](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section8733/b&num=0&edition=prelim), or both, notwithstanding any provision of law that those proceeds shall be credited to miscellaneous receipts of the Treasury.
Source: Supplied U.S. Code snapshot — release unconfirmed · 54 U.S.C. § 303102
Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
Page 345
TITLE 43—PUBLIC LANDS
§ 1338a
‘‘(2) 52.5 million barrels of oil equivalent for leases
in 400 to 800 meters of water; and
‘‘(3) 87.5 million barrels of oil equivalent for leases
in water depths greater than 800 meters.’’
DISTRIBUTION OF SECTION 1337(g) ACCOUNT
Pub. L. 99–272, title VIII, § 8004, Apr. 7, 1986, 100 Stat.
150, provided that:
‘‘(a) Prior to April 15, 1986, the Secretary shall dis-
tribute to the designated coastal States the sum of—
‘‘(1) the amounts due and payable to each such
State under paragraph (2) of section 8(g) of the Outer
Continental Shelf Lands Act, as amended by this title
[43 U.S.C. 1337(g)(2)], for the period between October 1,
1985, and the date of such distribution, and
‘‘(2) the amounts due each such State under sub-
section (b)(1)(A) of this section for the period prior to
October 1, 1985.
‘‘(b)(1) As a fair and equitable disposition of all reve-
nues (including interest thereon) derived from any
lease of Federal lands wholly or partially within 3
miles of the seaward boundary of a coastal State prior
to October 1, 1985, the Secretary shall distribute:
‘‘(A) from the funds which were deposited in the
separate account in the Treasury of the United
States under section 8(g)(4) of the Outer Continental
Shelf Lands Act (43 U.S.C. 1337(g)(4)) which was in ef-
fect prior to the date of enactment of section 8003 of
this title [Apr. 7, 1986] the following sums:
($ million)
Louisiana ............................................
572
Texas ...................................................
382
California ............................................
338
Alabama ..............................................
66
Alaska .................................................
51
Mississippi ......................................
Source: Supplied 2024 U.S. Code historical extraction · 43 U.S.C. § 1338
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.