| Issue Date: | |
|---|---|
| Revised Date: | 2017-12-21 |
Legal Citations
- Natural Resources Code sec. 53.061, sec. 53.065
Object Type
Cash — Natural Resources
Origin Date
1917 by the 35th Leg.
Description
The State constitutes the owner of the surface its agent to lease to any person any minerals, except oil and gas, which may be within all or part of a survey previously sold with all minerals reserved to the State. If production is obtained, the State shall receive not less than 1/16 of the value of the minerals produced.
Due Date
On or before the last day of each month following the month the minerals are produced.
Collecting Agencies
Deposit Funds
The fund or account to which the minerals belong, using the agency number of the agency that has administrative authority or to the General Revenue Fund.
Note
Amended by S.B. 611, 70th Leg., R.S.
Previously, prison land receipts were deposited to the Department of Corrections Mineral Fund Account (0272) per S.B. 290, 67th Leg., R.S., effective April 30, 1981. The account was abolished August 31, 1995 per § 403.095 Government Code.
USAS Values
| Appropriation Year | 25 |
|---|---|
| USAS Title | ROYALTIES - COAL & LIGNITE |
| Receipt Category | 08 – Natural Resources |
| Receipt Type | 80 – Land Income |
| Object Group | 30 – Revenues |
| USAS Status | A |
| Rev/Exp Category | 04 – LAND INCOME |