Interior Releases FY 2014 Minerals Payments
Under provisions of the Mineral Leasing Act, states receive a share of the receipts collected from the sale, lease, or development of mineral resources located on federal lands. On December 2, 2014, the Department of Interior (DOI) released federal fiscal year (FY) 2014 state payment information under the mineral leasing program. Overall, states received $2.2 billion in mineral leasing revenues for FY 2014, an 11% increase from FY 2013. An additional $4.9 million was disbursed to counties and certain political subdivisions. This Issue Brief provides a breakdown of the FY 2014 mineral revenue payments.