§ 2623. Additional sum from surplus for meeting payments due from insufficient annual receipts; maximum aggregate of decennial payments; covering of excess receipts into general fund of Treasury

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 1939

   Pub. L. 76–144 § 3 · 53 Stat. 753

   Enacted · 43 U.S.C. § 2623

   (May 24, 1939, ch. 144, § 3, 53 Stat. 754.)

   Source evidence

   Code source credit
   (May 24, 1939, ch. 144, § 3, 53 Stat. 754.)

   Enacted provision · exact public law section
   Sec. 3. If, during any one year, 75 per centum of the receipts are insufficient fully to meet the payments due the counties hereunder, the Secretary of the Treasury, upon certification by the Secretary of the Interior, may pay an additional sum from any surplus of 75 per Provisos. Maximum aggregate of payments. centum of prior year receipts: Provided, however, That in no event shall the aggregate of payments during any ten-year period commencing with the period beginning July 1, 1940, exceed 75 per centum of the receipts deposited in the Treasury to the credit of the Coos Bay Excess covered in. Wagon Road grant fund for such period: Provided further, That at the end of each ten-year period, any balance of the 75 per centum not required for payments to the counties shall be covered into the general fund of the Treasury of the United States.

1 of 1 references resolved to an enrolled provision