30 USC 1725: Assessments
Result 1 of 1
   
 
30 USC 1725: Assessments Text contains those laws in effect on December 24, 2024
From Title 30-MINERAL LANDS AND MININGCHAPTER 29-OIL AND GAS ROYALTY MANAGEMENTSUBCHAPTER I-FEDERAL ROYALTY MANAGEMENT AND ENFORCEMENT

§1725. Assessments

Beginning eighteen months after August 13, 1996, to encourage proper royalty payment the Secretary or the delegated State shall impose assessments on a person who chronically submits erroneous reports under this chapter. Assessments under this chapter may only be issued as provided for in this section.

(Pub. L. 97–451, title I, §116, as added Pub. L. 104–185, §6(f)(1), Aug. 13, 1996, 110 Stat. 1714 .)


Editorial Notes

Codification

Pub. L. 104–185, §4(a), which directed the addition of this section at the end of the Federal Oil and Gas Royalty Management Act of 1982, was executed by adding this section at the end of title I of that Act to reflect the probable intent of Congress.


Statutory Notes and Related Subsidiaries

Effective Date

Section applicable with respect to production of oil and gas after the first day of the month following Aug. 13, 1996, see section 11 of Pub. L. 104–185, set out as an Effective Date of 1996 Amendment note under section 1701 of this title.

Applicability

Section not applicable to any privately owned minerals or with respect to Indian lands, see sections 9 and 10 of Pub. L. 104–185, set out as an Applicability of 1996 Amendment note under section 1701 of this title.