§ 872.35 When will OSM reduce the amount of prior balance replacement funds or certified in lieu funds distributed to you?
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Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.
Full Text
(a) In any fiscal year in which the amount of Treasury funds required to be transferred under § 872.33 of this chapter and under section 402(i)(1) of SMCRA exceeds the maximum annual limit of $750 million, we will adjust the amount of these payments to reduce them to the level of the cap. Each distribution or transfer for the FY will be reduced by the same percentage.
(b) We will not include amounts under section 402(h)(5)(A) as part of this calculation.
[73 FR 67634, Nov. 14, 2008, as amended at 90 FR 52864, Nov. 24, 2025]
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