
| Legal Citations: |
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| Revenue Type: Cash — Natural Resources |
| Origin Date: 1937 by the 45th Leg. |
| Issue Date: |
| Revised Date: 2020-03-26 |
To record payment of money for delay in drilling or development of lands belonging to the A&M University System. The charge may not be less than $1 per acre involved in the mineral lease.
Each year for a period of 5 years unless production is established.
| Appropriation Year | 26 |
|---|---|
| USAS Title | OIL AND GAS LEASE RENTAL |
| Receipt Category | 08 – Natural Resources |
| Receipt Type | 80 – Land Income |
| Object Group | 30 – Revenues |
| USAS Status | A |
| Rev/Exp Category | 04 – LAND INCOME |