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Notes

7 U.S.C. §§ 1033–1039

7 sections in range

§1033. Sale of reserved mineral interests

7 U.S.C. § 1033

Notwithstanding any other provisions of law, the Secretary of Agriculture (referred to in sections 1033 to 1035 and 1037 to 1039 of this title as the “Secretary”) is authorized and directed to sell, as provided in said sections, all mineral interests now owned by the United States, which have been reserved or acquired by it under any program heretofore administered by the Resettlement Administration, or the Farm Security Administration, or now administered by the Farmers Home Administration, except the program administered pursuant to sections 1010 to 1012 of this title and the program for the liquidation of labor camps pursuant to Public Law 298, Eightieth Congress.
Notes, amendments, and revision history

(Sept. 6, 1950, ch. 897, § 1, 64 Stat. 769.)

Editorial Notes

References in Text

Public Law 298, Eightieth Congress, referred to in text, means act July 31, 1947, ch. 413, 61 Stat. 694, which was set out as a note under section 1017 of this title and was repealed by act Apr. 20, 1950, ch. 94, title II, § 205(a), 64 Stat. 73.

Codification

Section was not enacted as part of the Bankhead-Jones Farm Tenant Act which constitutes a major part of this chapter.

Statutory Notes and Related Subsidiaries

Authorization of Appropriations

Act Sept. 6, 1950, ch. 897, § 8, 64 Stat. 770, provided that: “There is authorized to be appropriated to the Secretary such sums as Congress may from time to time determine to be necessary to enable the Secretary to carry out the provisions of this Act [enacting this section and sections 1034 to 1039 of this title].”

§1034. Persons to whom mineral interests sold; conveyances

7 U.S.C. § 1034

Such mineral interests shall be sold only to private persons who shall apply therefor and who at the time of application are the owners of the surface of the land covered by the application. Applicants shall establish their title to the surface of the land covered by the application to the satisfaction of the Secretary at their own expense. Conveyances of mineral interests shall be by quitclaim deed executed by the Secretary or his delegate.
Notes, amendments, and revision history

(Sept. 6, 1950, ch. 897, § 2, 64 Stat. 769.)

Editorial Notes

Codification

Section was not enacted as part of the Bankhead-Jones Farm Tenant Act which constitutes a major part of this chapter.

§1035. Sale of mineral interests; consideration; transfer of unsold interests to Secretary of the Interior

7 U.S.C. § 1035

In areas where the Secretary determines after consultation with the Department of the Interior and competent local authorities that there is no active mineral development or leasing, the mineral interests covered by a single application shall be sold for a consideration of $1. In other areas the mineral interests shall be sold at the fair market value thereof as determined by the Secretary after taking into consideration such appraisals as he deems necessary or appropriate. Area determinations made by the Secretary pursuant to this section may be revised from time to time and the consideration to be obtained for the mineral interests in connection with any particular tract of land shall be determined by the rule applicable to the area in which the tract is located at the time of the application therefor: Provided, That, in the event any mineral interests covered by sections 1033 to 1039 of this title are not sold as provided herein pursuant to application filed within seven years from September 6, 1950, or within seven years from the date of acquisition of the mineral interests of the United States, whichever date is later, the Secretary shall forthwith transfer title to such mineral interests, with the exception of those which were a part of or derived from the assets transferred pursuant to transfer agreements with State rural rehabilitation corporations, to the Secretary of the Interior to be administered under the mineral laws of the United States.
Notes, amendments, and revision history

(Sept. 6, 1950, ch. 897, § 3, 64 Stat. 769.)

Editorial Notes

Codification

Section was not enacted as part of the Bankhead-Jones Farm Tenant Act which constitutes a major part of this chapter.

§1037. Sale of reserved mineral interests; disposition of proceeds

7 U.S.C. § 1037

All proceeds from sales made under sections 1033 to 1039 of this title of mineral interests described in section 1033 of this title shall be covered into the Treasury of the United States as miscellaneous receipts, except that the proceeds from sales of mineral interests which were a part of or derived from the assets transferred pursuant to the transfer agreements with State rural rehabilitation corporations shall be credited to the appropriate corporation account.
Notes, amendments, and revision history

(Sept. 6, 1950, ch. 897, § 5, 64 Stat. 770.)

Editorial Notes

Codification

Section was not enacted as part of the Bankhead-Jones Farm Tenant Act which constitutes a major part of this chapter.

§1038. Regulations; delegations of authority

7 U.S.C. § 1038

The Secretary may make such rules and regulations and such delegations of authority as he may deem necessary to carry out the provisions of sections 1033 to 1039 of this title.
Notes, amendments, and revision history

(Sept. 6, 1950, ch. 897, § 6, 64 Stat. 770.)

Editorial Notes

Codification

Section was not enacted as part of the Bankhead-Jones Farm Tenant Act which constitutes a major part of this chapter.

§1039. Time for filing purchase applications

7 U.S.C. § 1039

No application for the purchase of mineral interests under sections 1033 to 1039 of this title shall be filed until ninety days after September 6, 1950.
Notes, amendments, and revision history

(Sept. 6, 1950, ch. 897, § 7, 64 Stat. 770.)

Editorial Notes

Codification

Section was not enacted as part of the Bankhead-Jones Farm Tenant Act which constitutes a major part of this chapter.