37-372. Payments to local governments with respect to acquired entitlement lands
A. Each fiscal year the commissioner shall pay to each county in which acquired entitlement land is located a payment from monies appropriated and available for such purpose in an amount determined under this section to be used by the county for any official purpose.
B. Subject to subsections C, D and E, the amount of the payment is equal to seventy-five cents for each acre of acquired entitlement land located in the county.
C. The amount of the annual payment shall be reduced by seventy-five cents for each acre of acquired entitlement land which has been patented by the state to private ownership.
D. If the legislature appropriates insufficient monies to make the full payment determined under this section for a fiscal year, the commissioner shall proportionately reduce the payments to all counties under this section according to the amount appropriated.
E. Payments described in this section shall be made only in those years in which the federal government provides funds under title 31 United States Code chapter 69.