43 CFR 3583.4-2
§ 3583.4-2 Royalties, rentals and minimum royalties.
United States · 43 CFR — Public Lands: Interior · Status: effective
Cite this
- Citation
- 43 CFR 3583.4-2, § 3583.4-2 Royalties, rentals and minimum royalties, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/213388
- Permanent ID
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Full text
Rentals and royalties shall be determined by the authorized officer on the basis of the fair market value, but in no event shall be less than:
(a) A rental of 50 cents per acre or fraction thereof payable in advance until production is obtained.
(b) A minimum royalty of $1 per acre or fraction thereof payable in advance after production is obtained.
(c) A production royalty of 2 percent of the amount or value of the minerals mined, the exact amount of royalty to be fixed prior to the issuance of the lease.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.