Sec. 1. (a) If:
(1) the state receives a direct profit from the sale of state land or the products of the state land; and
(2) the profit is a direct result of work done on the land under 16 U.S.C. 585 through 590 (before their repeal);
the state may, through the appropriate state officers, apply not more than one-half (1/2) of the profit to or toward reimbursing the United States government for money expended by the United States government under 16 U.S.C. 585 through 590 (before their repeal).
(b) The amount paid to the United States government under subsection (a) must be at the rate of one dollar ($1) per man per day for the time spent on the work. However, the total amount paid may not exceed in the aggregate three dollars ($3) per acre for the state land or the products of the state land that are sold at a profit that is a direct result of work done under 16 U.S.C. 585 through 590 (before their repeal).
[Pre-1995 Recodification Citation: 14-3-7-1.]
As added by P.L.1-1995, SEC.11.