368 



minerals that are subject to disposition under the 

 Mineral Leasing Act of 1920, as amended and 

 supplemented. 



(b) Interim payments into Alaska Native Fund based 

 on percentage of gross value of produced or 

 removed materials and of rentals and bonuses; 

 time of payment. 



With respect to conditional leases and sales ot 

 minerals heretofore or hereafter made pursuant to 

 section 6(g) of the Alaslca Statehood Act, and with 

 respect to mineral leases of the United States that 

 are 'or may be subsumed by the State under sec- 

 tion 6(h) of the Alaska Statehood Act, until such 

 time as the provisions of subsection (c) of this sec- 

 tion become operative the State shall pay into the 

 Alaska Native Fund from the royalties, rentals, and 

 bonuses hereafter received by the State (1) a roy- 

 alty of 2 per centum upon the gross value (as such 

 gross value is determined for royalty punxises under 

 such leases or sales) of such minerals produced or 

 removed from such lands, and (2) 2 per centum of 

 all rentals and bonuses under such leases or sales, ex- 

 cluding bonuses received by the State at the Septem- 

 ber 1969 sale of minerals from tentatively approved 

 lands and excluding rentals received pursuant to 

 such sale before December 18, 1971. Such payment 

 shall be made within sixty days from the date the 

 revenues are received by the State. 



(c) Patents; royalties: reservation of percentage of 

 gross value of produced or removed minerals and 

 of rentals and bonuses from disposition of min- 

 erals. 



Each patent hereafter issued to the State under 

 the Alaska Statehood Act, including a patent of 

 lands heretofore selected and tentatively approved, 

 shall reserve for the benefit of the Natives, and for 

 payment into the Alaska Native Fund, (Da royalty 

 of 2 per centum upon the gross value (as such gross 

 value is determined for royalty purposes under any 

 disposition by the State) of the minerals thereafter 

 produced or removed from such lands, and (2) 2 

 per centum of all revenues thereafter derived by 

 the State from rentals and bonuses from the dis- 

 position of such minerals. 



(d) Distribution of bonuses, rentals and royalties from 

 Federal disposition of minerals in public lands; 

 payments into Alaska Native Fund based on per- 

 centage of gross vSlue of produced minerals and 

 of rentals and bonuses; Federal and State share 

 calculation on remaining balance. 



All bonuses, rentals, and royalties received by the 

 United States after December 18, 1971, from the dis- 

 position by it of such minerals in public lands in 

 Alaska shall be distributed as provided in the Alaska 

 Statehood Act, except that prior to calculating the 

 shares of the State and the United States as set forth 

 in such Act, (Da royalty of 2 per centum upon the 

 gross value of such minerals produced (as such gross 

 value is determined for royalty purposes under the 

 sale or lease), and (2) 2 per centum of aU rentals 

 and bonuses shall be deducted and paid into the 

 Alaska Native Fund. The respective shares of the 

 State and the United States shall be calculated on 

 the remaining balance. 



(e) Federal enforcement; State underpayment: de- 

 ductions from grants-in-aid or other Federal 

 assistance equal to underpayment and deposit of 

 such amount in Fund. 



The provisions of this section shall be enforceable 

 by the United States for the benefit of the Natives, 

 and in the event of default by the State in making 

 the payments required, in addition to any other 

 remedies provided by law, there shall be deducted 

 annually by the Secretary of the Treasury from any 

 grant-in-aid or from any other sums payable to the 

 State under any provision of Federal law an amount 

 equal to any such underpayment, which amount 

 shall be deposited in the Fund. 



(f) Oil and gas revenues; amount payable equal to 

 Federal or State royalties in cash or kind. 



Revenues received by the United States or the 

 State as compensation for estimated drainage of oil 

 or gas shall, for the purposes of this section, be 

 regarded as revenues from the disposition of oil and 

 gas. In the event the United States or the State 

 elects to take royalties in kind, there shall be paid 

 into the Fund on account thereof an amount equal 

 to the royalties that would have been paid into the 

 Fund under the provisions of this section had the 

 royalty been taken in cash. 



(g) Alaska Native Fund payments; cessation; reim- 

 bursement for advance payments. 



The payments required by this section shall con- 

 tinue only until a sum of $500,000,000 has been paid 

 into the Alaska Native Fund less the total of ad- 

 vance payments paid into the Alaska Native Fund 

 pursuant to section 407 of the Trans-Alaska Pipeline 

 Authorization Act. Thereafter, payments which 

 would otherwise go into the Alaska Native Fund will 

 be made to the United States Treasury as reimburse- 

 ment for the advance payments authorized by sec- 

 tion 407 of the Trans-Alaskan Pipeline Authoriza- 

 tion Act. The provisions of this section shall no 

 longer apply, and the reservation required in patents 

 under this section shall be of no further force and 

 effect, after a total sum of $500,000,000 has been 

 paid to the Alaska Native Fund and to the United 

 States Treasury pursuant to this subsection. 



(h) Final payment ; order of computation. 



When computing the final payment into the F\md 

 the respective shares of the United States and the 

 State with respect to payments to the F\md required 

 by this section shall be determined pursuant to this 

 subsection and in the following order: 



(1) first, from sources identified imder subsec- 

 sections (b) and (c) hereof; and 



(2) then, from sources identified under subsec- 

 tion (d) hereof. 



(i) Outer Continental Shelf mineral revenues; pro- 

 visions of section inapplicable. 



The provisions of this section do not apply to 

 mineral revenues received from the Outer Con- 

 tinental Shelf. (Pub. L. 92-203, § 9, Dec. 18, 1971, 85 

 Stat. 694, amended Pub. L. 93-153, title IV, § 407 

 (b) , Nov. 16, 1973, 87 Stat. 591.) 

 Amendments 

 1973 — Subsec. (g) . Pub. L. 93-153 added provisions cov- 

 ering advance payments Into the Alaska Native Fund 

 pursuant to section 407 of the Trans-Alaska Pipeline Au- 

 thorization. Act and the reimbursement of the United 

 States Treasury for payments made. 



Advance Payments to Alaska Natives Until Commence- 

 ment OF Deliveries of North Slope Crude On. to 

 Pipeline 



