30 CFR 872.27 - How does OSM distribute and award minimum program make up funds?

§ 872.27 How does OSM distribute and award minimum program make up funds?
(a) If you meet the eligibility requirements in § 872.26(b), we will distribute these minimum program make up funds to you as follows:
(1) We calculate your total distribution under this part by first adding, in order, your prior balance replacement funds distribution (§ 872.29), your applicable State or Tribal share funds distribution (§ 872.14 or § 872.17), and your historic coal funds distribution (§ 872.21). If the sum of these funds is less than $3 million, we calculate the amount of minimum program make up funds to add to your distribution under this section to increase it to that level.
(2) For each of the Federal fiscal years 2007 through 2022, we add minimum program make up funds to your combined distribution of prior balance replacement, State or Tribal share, and historic coal funds as shown in the following table:
For each of the Federal fiscal years beginning . . . The amount of minimum program make up funds we add to your distribution will be . . .
(i) October 1, 2007 and October 1, 2008 50 percent of the amount that we calculated should be added under paragraph (a)(1) of this section.
(ii) October 1, 2009 and October 1, 2010 75 percent of the amount that we calculated should be added under paragraph (a)(1) of this section.
(iii) October 1, 2011 and continuing through September 30, 2022 100 percent of the amount that we calculated should be added under paragraph (a)(1) of this section as long as you have at least $3 million of Priority 1 and 2 coal problems remaining.
(iv) October 1, 2022 and thereafter to the extent funds are available, 100 percent of the amount that we calculated should be added under paragraph (a)(1) until you have less than $3 million of Priority 1 and 2 coal problems remaining.
(b) We award these funds to you in grants according to the provisions of part 886 of this chapter.

Title 30 published on 2014-07-01

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