30 CFR 1219.101 - Receipts subject to an interest charge.

§ 1219.101 Receipts subject to an interest charge.
(a) Subject to the availability of appropriations, the Office of Natural Resources Revenue (ONRR) shall pay the State its proportionate share of any interest charge for royalty and related monies that are placed in a suspense account pending resolution of matters which will allow distribution and disbursement. Such monies not disbursed by the last business day of the month following receipt by ONRR shall accrue interest until paid.
(b) Upon resolution, the suspended monies found due in paragraph (a) of this section, plus interest, shall be disbursed to the State under the provisions of § 1219.100.
(c) Paragraph (a) of this section shall apply to revenues which cannot be disbursed to the State because the payor/lessee provided incorrect, inadequate, or incomplete information to ONRR which prevented ONRR from properly identifying the payment to the proper recipient.
[49 FR 37347, Sept. 21, 1984. Redesignated and amended at 75 FR 61086, Oct. 4, 2010.]

Title 30 published on 2013-07-01

no entries appear in the Federal Register after this date.

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

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United States Code
U.S. Code: Title 30 - MINERAL LANDS AND MINING
Statutes at Large

Title 30 published on 2013-07-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 30 CFR 1219 after this date.

  • 2014-03-31; vol. 79 # 61 - Monday, March 31, 2014
    1. 79 FR 17948 - Allocation and Disbursement of Royalties, Rentals, and Bonuses—Oil and Gas, Offshore
      GPO FDSys XML | Text
      DEPARTMENT OF THE INTERIOR, Bureau of Ocean Energy Management, Office of Natural Resources Revenue
      Proposed rule.
      Submit comments by May 30, 2014. ONRR may not consider comments received after this date.
      30 CFR Part 519