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The reclamation fund is a special fund established by the United States Congress under the Reclamation Act of 1902, as amended, for receipts from the sale of public lands and timber, proceeds from the Mineral Leasing Act, and certain other revenues.
OSM Regional Structure Map. The Office of Surface Mining Reclamation and Enforcement (OSMRE) is a branch of the United States Department of the Interior.It is the federal agency entrusted with the implementation and enforcement of the Surface Mining Control and Reclamation Act of 1977 (SMCRA), which attached a per-ton fee to all extracted coal in order to fund an interest-accruing trust to be ...
There are three forms of payment to the government: bonus (an initial payment to the government), rental (an annual payment of $2 per acre), and royalty ( a payment of 1/8 or 12.5% of the gross value of the oil and gas produced). [7]
The reclamation plan must include, among other criteria, the pre-mining condition and use of the land to be mined; the proposed use of the land after reclamation; an estimated time table for the reclamation; and the steps that will be taken to comply with the relevant air and water quality laws. In addition to providing the reclamation plan ...
Withholding tax on payments to foreign persons, and; Backup withholding on dividends and interest. The amount of tax withheld is based on the amount of payment subject to tax. Withholding of tax on wages includes income tax, social security and medicare, and a few taxes in some states.
California's Reparations Task Force on Thursday released its final report, marking a milestone in the state's historic effort to consider remedies for slavery.
An additional problematic aspect of the estate recovery of non-LTCR expenses that was brought up was the unequal treatment of people below 138% of the FPL under the ACA, who get expanded Medicaid and are subject to estate recovery if they are 55 or older, and people just above 138% of the FPL, who get highly subsidized, very-low-net-cost, on ...
"The FAIR Plan operates on a cash-in, cash-out basis, meaning its financial situation evolves daily." To be sure, exposure doesn't equal losses or the anticipated claims and related expense payments.