30 CFR 872.27 – How does OSM distribute and award minimum program make up funds?
(a) If you meet the eligibility requirements in § 872.26(b), we will distribute these minimum program make up funds to you as follows:
Terms Used In 30 CFR 872.27
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(1) We calculate your total distribution under this part by first adding, in order, your prior balance replacement funds distribution (§ 872.29), your applicable State or Tribal share funds distribution (§ 872.14 or § 872.17), and your historic coal funds distribution (§ 872.21). If the sum of these funds is less than $3 million, we calculate the amount of minimum program make up funds to add to your distribution under this section to increase it to that level.
(2) For each Federal fiscal year, we add minimum program make up funds to your combined distribution of prior balance replacement, State or Tribal share, and historic coal funds as shown in the following table:
| For each of the Federal fiscal years beginning . . . | The amount of minimum program make up funds we add to your distribution will be . . . |
|---|---|
| (i) October 1, 2007 and October 1, 2008 | 50 percent of the amount that we calculated should be added under paragraph (a)(1) of this section. |
| (ii) October 1, 2009 and October 1, 2010 | 75 percent of the amount that we calculated should be added under paragraph (a)(1) of this section. |
| (iii) October 1, 2011 and continuing through September 30, 2035 | 100 percent of the amount that we calculated should be added under paragraph (a)(1) of this section as long as you have at least $3 million of Priority 1 and 2 coal problems remaining. |
| (iv) October 1, 2035 and thereafter | to the extent funds are available, 100 percent of the amount that we calculated should be added under paragraph (a)(1) until you have less than $3 million of Priority 1 and 2 coal problems remaining. |
(b) We award these funds to you in grants according to the provisions of part 886 of this chapter.