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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 30 - Mineral Resources |
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Chapter VII - Office of Surface Mining Reclamation and Enforcement, Department of the Interior |
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SubChapter R - Abandoned Mine Land Reclamation |
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Part 872 - Moneys Available to Eligible States and Indian Tribes |
§ 872.35 - When will OSM reduce the amount of prior balance replacement funds or certified in lieu funds distributed to you?
Latest version.
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§ 872.35 When will OSM reduce the amount of prior balance replacement funds or certified in lieu funds distributed to you?
(a) In any fiscal year in which the amount of Treasury funds required to be transferred under §§ 872.30 and 872.33 of this chapter and under section 402(i)(1) of SMCRA exceeds the maximum annual limit of $490 million, we will adjust the amount of these payments to reduce them to the level of the cap. Each distribution or transfer for the FY will be reduced by the same percentage.
(b) We will not include amounts under section 402(h)(5)(A) as part of this calculation.