FEDERAL · 54 U.S.C. · Chapter 2004
National Parks and Public Land Legacy Restoration Fund
54 U.S.C. § 200402
Title54 — National Park Service and Related Programs
Chapter2004 — NATIONAL PARKS AND PUBLIC LAND LEGACY RESTORATION FUND
This text of 54 U.S.C. § 200402 (National Parks and Public Land Legacy Restoration Fund) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
54 U.S.C. § 200402.
Text
(a)Establishment.—There is established in the Treasury of the United States a fund to be known as the "National Parks and Public Land Legacy Restoration Fund".
(b)Deposits.—
(1)In general.—Except as provided in paragraph (2), for each of fiscal years 2021 through 2025, there shall be deposited in the Fund an amount equal to 50 percent of all energy development revenues due and payable to the United States from oil, gas, coal, or alternative or renewable energy development on Federal land and water credited, covered, or deposited as miscellaneous receipts under Federal law in the preceding fiscal year.
(2)Maximum amount.—The amount deposited in the Fund under paragraph (1) shall not exceed $1,900,000,000 for any fiscal year.
(3)Effect on other revenues.—Nothing in this section affects
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Source Credit
History
(Added Pub. L. 116–152, §2(a), Aug. 4, 2020, 134 Stat. 683.)
Editorial Notes
Editorial Notes
References in Text
The Gulf of Mexico Energy Security Act of 2006, referred to in subsec. (b)(3)(B)(i)(I), is title I of div. C of Pub. L. 109–432, Dec. 20, 2006, 120 Stat. 3000, which is set out as a note under section 1331 of Title 43, Public Lands.
The Mineral Leasing Act, referred to in subsec. (b)(3)(B)(i)(II), is act Feb. 25, 1920, ch. 85, 41 Stat. 437, which is classified generally to chapter 3A (§181 et seq.) of Title 30, Mineral Lands and Mining. For complete classification of this Act to the Code, see Short Title note set out under section 181 of Title 30 and Tables.
The date of enactment of this section, referred to in subsec. (g), is the date of enactment of Pub. L. 116–152, which was approved Aug. 4, 2020.
Statutory Notes and Related Subsidiaries
Allocation of Funds
For certain requirements regarding allocation of funds pursuant to subsec. (c) of this section and as provided in subsec. (e) of this section, see section 430(a)–(c) of div. E of Pub. L. 118–42, set out as a note under section 200303 of this title.
References in Text
The Gulf of Mexico Energy Security Act of 2006, referred to in subsec. (b)(3)(B)(i)(I), is title I of div. C of Pub. L. 109–432, Dec. 20, 2006, 120 Stat. 3000, which is set out as a note under section 1331 of Title 43, Public Lands.
The Mineral Leasing Act, referred to in subsec. (b)(3)(B)(i)(II), is act Feb. 25, 1920, ch. 85, 41 Stat. 437, which is classified generally to chapter 3A (§181 et seq.) of Title 30, Mineral Lands and Mining. For complete classification of this Act to the Code, see Short Title note set out under section 181 of Title 30 and Tables.
The date of enactment of this section, referred to in subsec. (g), is the date of enactment of Pub. L. 116–152, which was approved Aug. 4, 2020.
Statutory Notes and Related Subsidiaries
Allocation of Funds
For certain requirements regarding allocation of funds pursuant to subsec. (c) of this section and as provided in subsec. (e) of this section, see section 430(a)–(c) of div. E of Pub. L. 118–42, set out as a note under section 200303 of this title.
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Bluebook (online)
54 U.S.C. § 200402, Counsel Stack Legal Research, https://law.counselstack.com/usc/54/200402.