50 CFR 80.35 - What additional requirements apply to multiyear licenses?

§ 80.35 What additional requirements apply to multiyear licenses?

The following additional requirements apply to multiyear licenses:

(a) A multiyear license may be valid for either a specific or indeterminate number of years, but it must be valid for at least 2 years.

(b) The agency must receive net revenue from a multiyear license that is in close approximation to the net revenue received for a single-year license providing similar privileges:

(1) Each year during the license period; or

(2) At the time of sale as if it were a single-payment annuity, which is an investment of the license fee that results in the agency receiving at least the minimum required net revenue for each year of the license period.

(c) An agency may spend a multiyear license fee as soon as the agency receives it as long as the fee provides the minimum required net revenue for the license period.

(d) The agency must count only the licenses that meet the minimum required net revenue for the license period based on:

(1) The duration of the license in the case of a multiyear license with a specified ending date; or

(2) Whether the license holder remains alive.

(e) The agency must obtain the Director's approval of its proposed technique to decide how many multiyear-license holders remain alive in the certification period. Some examples of techniques are statistical sampling, life-expectancy tables, and mortality tables.

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.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.


United States Code
U.S. Code: Title 16 - CONSERVATION

§ 669 - Cooperation of Secretary of the Interior with States; conditions

§ 669a - Definitions

§ 669b - Authorization of appropriations

§ 669b-1 - Authorization of appropriation of accumulated unappropriated receipts

§ 669c - Allocation and apportionment of available amounts

§ 669d - Apportionment; certification to States and Secretary of the Treasury; acceptance by States; disposition of funds not accepted

§ 669e - Submission and approval of plans and projects

§ 669f - Payment of funds to States; laws governing construction and labor

§ 669g - Maintenance of projects; expenditures for management of wildlife areas and resources

16 U.S. Code § 669g–1 - Payment of funds to and cooperation with Puerto Rico, Guam, American Samoa, Commonwealth of the Northern Mariana Islands, and Virgin Islands

§ 669h - Requirements and restrictions concerning use of amounts for expenses for administration

§ 669h-1 - Firearm and bow hunter education and safety program grants

16 U.S. Code § 669h–2 - Multistate conservation grant program

§ 669i - Rules and regulations

§ 669j - Repealed. Aug. 7, 1946, ch. 770, § 1(14), 60 Stat. 867

§ 669k - Reports and certifications

§ 777 - Federal-State relationships

§ 777a - Definitions

§ 777b - Authorization of appropriations

§ 777c - Division of annual appropriations

§ 777d - Certification of funds deducted for expenses and amounts apportioned to States

§ 777e - Submission and approval of plans and projects

§ 777e-2

§ 777g - Maintenance of projects

§ 777g-2

§ 777n - Repealed. Pub. L. 114–94, div. A, title X, § 10001(g)(1), Dec. 4, 2015, 129 Stat. 1621

Title 50 published on 09-Jun-2018 05:25

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 50 CFR Part 80 after this date.

  • 2017-12-15; vol. 82 # 240 - Friday, December 15, 2017
    1. 82 FR 59564 - Financial Assistance: Wildlife Restoration, Sport Fish Restoration, Hunter Education and Safety
      GPO FDSys XML | Text
      DEPARTMENT OF THE INTERIOR, Fish and Wildlife Service
      Proposed rule.
      We will accept comments received or postmarked on or before February 13, 2018.
      50 CFR Part 80