12 §1849. Revenue from public reserved lands
Title 12: CONSERVATION
Part 2: FORESTS, PARKS, LAKES AND RIVERS
Chapter 220: BUREAU OF PARKS AND LANDS HEADING: PL 1997, C. 678, §13 (NEW)
Subchapter 4: PUBLIC RESERVED LANDS HEADING: PL 1997, C. 678, §13 (NEW)
§1849. Revenue from public reserved lands
1. Revenue sources. Except as provided in paragraph A, the bureau must receive all money, securities and other things of value accruing to the State: from the sale of timber and grass and other rights and things of value from the public reserved lands under the care, custody, control or management of the bureau; in payment for timber, grass and other things of value cut or taken by trespassers; from forfeiture of a bond or a deposit when a contractor does not fulfill the terms of the contract or comply with state regulations; or as a result of a compromise or settlement of any claim.
A. The first $20,000 in the aggregate of any money accruing from the alienation of rights to mine upon public reserved land, or other income arising out of mining operations, that is actually received during any fiscal year, and every portion thereof accruing from these mining operations, must be paid to the Bureau of Geology and Natural Areas. [1999, c. 556, §20 (AMD).]
[ 1999, c. 556, §20 (AMD) .]
2. Fund established. All income received by the director from the public reserved lands, except income provided for in section 1855, must be deposited with the Treasurer of State to be credited to the Public Reserved Lands Management Fund, which is established as a nonlapsing fund. Any interest earned on this money must also be credited to the fund.
[ 1997, c. 678, §13 (NEW) .]
3. Expenditures from fund. Expenditures from the Public Reserved Lands Management Fund are subject to legislative approval in the same manner as appropriations from the General Fund. Money may not be expended without allocation by the Legislature. The joint standing committee of the Legislature having jurisdiction over appropriations and financial affairs must approve the allocations.
[ 1997, c. 678, §13 (NEW) .]
SECTION HISTORY
1997, c. 678, §13 (NEW). 1999, c. 556, §20 (AMD).