ACQUIRED FEDERAL LAND MINERAL RECEIPTS MANAGEMENT.

SEC. 2506. ACQUIRED FEDERAL LAND MINERAL RECEIPTS MANAGEMENT. (a) Mineral Receipts Under Acquired Lands Act.— Section 6 of the Mineral Leasing Act for Acquired Lands (30 U.S.C. 355) is amended by inserting “(a)” before the first sentence and by adding the following new subsection at the end thereof: “(b) Notwithstanding any other provision of law, any payment to a State under this section shall be made by the Secretary of the Interior and shall be made not later than the last business day of the month following the month in which such moneys or associated reports are received by the Secretary of the Interior, whichever is later. The Secretary shall pay interest to a State on any amount not paid to the State within that time at the rate prescribed under section 111 of the Federal Oil and Gas Royalty Management Act of 1982 from the date payment was required to be made under this subsection until the date payment is made.”. (b) Authority To Manage Certain Mineral Leases.— The Mineral Leasing Act for Acquired Lands (30 U.S.C. 351 and following) is amended by adding the following new section at the end thereof: “SEC. 11. AUTHORITY TO MANAGE CERTAIN MINERAL LEASES. “Each department, agency and instrumentality of the United States which administers lands acquired by the United States with 106 STAT. 3107one or more existing mineral lease shall transfer to the Secretary of the Interior the authority to administer such lease and to collect all receipts due and payable to the United States under the lease. In the case of lands acquired on or before the date of the enactment of this section, the authority to administer the leases and collect receipts shall be transferred to the Secretary of the Interior as expeditiously as practicable after the date of enactment of this section. In the case of lands acquired after the date of enactment of this section, such authority shall be vested with the Secretary at the time of acquisition. The provisions of section 6 of this Act shall apply to all receipts derived from such leases where such receipts are due and payable to the United States under the lease in the same manner as such provisions apply to receipts derived from leases issued under the authority of this Act. For purposes of this section, the term ‘existing mineral lease’ means any lease in existence at the time land is acquired by the United States. Nothing in this section shall be construed to affect the existing surface management authority of any Federal agency.”. (c) Clarification.— Section 7 of the Act of August 18, 1941, ch. 377 (33 U.S.C. 701c–3) is amended by adding the following sentence at the end thereof: “For the purposes of this section, the term ‘money’ includes, but is not limited to, such bonuses, royalties and rentals (and any interest or other charge paid to the United States by reason of the late payment of any royalty, rent, bonus or other amount due to the United States) paid to the United States from a mineral lease issued under the authority of the Mineral Leasing Act for Acquired Lands or paid to the United States from a mineral lease in existence at the time of the acquisition of the land by the United States.”.