CFR > Title 30 - Mineral Resources > CHAPTER II—MINERALS MANAGEMENT SERVICE, DEPARTMENT OF THE INTERIOR > SUBCHAPTER A—MINERALS REVENUE MANAGEMENT (parts 200 to 243) > PART 219—DISTRIBUTION AND DISBURSEMENT OF ROYALTIES, RENTALS, AND BONUSES > SUBPART D—Oil and Gas, Offshore (§219.410 to §219.418) > 219.418—When will funds be disbursed to Gulf producing States and eligible coastal political subdivisions?

219.418—When will funds be disbursed to Gulf producing States and eligible coastal political subdivisions?

(a) The MMS will disburse allocated funds in the fiscal year after MMS collects the qualified OCS revenues. For example, MMS will disburse funds in fiscal year 2010 from the qualified OCS revenues collected during fiscal year 2009.
(b) We intend to disburse funds on or before March 31st of the year following the fiscal year of qualified OCS revenues.