LAC 43:V.904. Cash Bonus and Fees for Alternative Energy Source Leases [Formerly LAC 43:I.1104]

A. The state shall collect a cash bonus for all AESLs. In addition to the cash bonus, the board, through the Office of Mineral Resources (OMR), shall collect an administrative fee for such leasing in the amount of 10 percent of the total cash bonus paid. Such payments shall be due within 24 hours of award of the state Alternative Energy Lease. B. The state may collect additional payments for an Alternative Energy Source Lease if authorized by statute.