SHARING GF BUREAU OF LAND MANAGEMENT TIMBER SALE RECEIPTS.

SEC. 13983. SHARING GF BUREAU OF LAND MANAGEMENT TIMBER SALE RECEIPTS. (a) Definitions.— As used in this section: (1) Applicable percentage.— The term “applicable percentage” means— (A) for fiscal year 1994, 85 percent; and (B) for each of fiscal years 1995 through 2003, 3 percentage points less than the applicable percentage for the preceding fiscal year. (2) 50-percent payments to counties.— The term “50-percent payments to counties” means the 50-percent share paid to counties in the States of Oregon and California pursuant to title II of the Act of August 28, 1937 (50 Stat. 875, chapter 876; 43 U.S.C. 11810, and the payments made to counties pursuant to the Act of May 24, 1939 (53 Stat. 753, chapter 144; 43 U.S.C. 1181f–1 et seq.). (3) Special payment amount.— The term “special payment amount” means the amount determined by multiplying— (A) the applicable percentage; by (B) the annual average of the 50-percent payments to counties made to a county pursuant to such Acts during the 5-year period consisting of fiscal years 1986 through 1990. (b) Payments.— (1) In general.— In lieu of making the 50-percent payments to counties, the Secretary of the Treasury shall make payments to counties that are eligible to receive the 50-percent payments as of the date of enactment of this Act in accordance with paragraph (2). (2) Amount of payments.— (A) Fiscal years 1994 through 1998.— For each of fiscal years 1994 through 1998, the Secretary of the Treasury shall pay to each county referred to in paragraph (1) the special payment amount. (B) Fiscal years 1999 through 2003.— For each of fiscal years 1999 through 2003, the Secretary of the Treasury shall pay to each county referred to in paragraph (1) the greater of— (i) the special payment amount; or (ii) the share of the 50-percent payments to counties allocable to the county.