§ 23-19.9-101. Definitions

As used in this article, unless the context otherwise requires: “Federal mineral lease revenues” means all moneys, including any interest or income derived therefrom, payable to the state on or after July 1, 2008, pursuant to the provisions of the federal “Mineral Lands Leasing Act” of February 25, 1920, as amended. Repealed. “Revenues fund” means […]

§ 23-19.9-102. Higher Education Federal Mineral Lease Revenues Fund – Higher Education Maintenance and Reserve Fund – Creation – Sources of Revenues – Use

The higher education federal mineral lease revenues fund is hereby created in the state treasury. For the 2008-09 fiscal year and for each succeeding fiscal year through the quarterly transfer for the quarter commencing on October 1 of the 2015-16 fiscal year, the lesser of the first fifty million dollars of the total amount of […]