30 U.S.C. § 286 : US Code - Section 286: Disposition of royalties and rents from potassium leases

Search 30 U.S.C. § 286 : US Code - Section 286: Disposition of royalties and rents from potassium leases

All money received from royalties and rentals from any lease
issued or renewed under the provisions of subchapter VII of chapter
3 of this title, shall be paid into, reserved, and appropriated as
follows: 52 1/2 per centum to the Reclamation Fund, 10 per centum
to the Treasury of the United States as miscellaneous receipts, and
37 1/2 per centum shall be paid by the Secretary of the Treasury,
after the expiration of each fiscal year, to the State within the
boundaries of which the leased lands or deposits are or were
located, such money to be used by such State or subdivision thereof
for the construction and maintenance of public roads or for the
support of schools or other public educational institutions, as the
legislature of the State may direct.