LAC 43:I.1515. Assessment of Fees

A. Effective November 1,1979, in order to establish the Fishermen's Gear Compensation Fund, a fee in the amount of $300 is levied upon each lessee of a state mineral lease, and each grantee of a state right-of-way which is located within the coastal zone boundary as described in R.S. 49.213.4, October 20,1979. 1. For definition herein: a. Lessee of a State Mineral Lease―the owner of the right to sever minerals from state owned water bottoms whether or not such right is derived by lease, operating agreement, or otherwise. b. Grantee of a State Right of Way―the owner of a pipeline right-of-way grant and no other. B. The balance in the Fishermen's Gear Compensation Fund is less than $250,000 and, pursuant to R.S. 56:700.2, (as amended, Act 337 of 1991) an additional fee of $1,000 will be assessed on each lessee of a state mineral lease and each grantee of a state pipeline right-of-way located in the coastal zone of Louisiana, effective April 20, 1993.