Section 90-6-1001 - Oil, gas, and coal natural resource accounts(1) There is an oil and gas natural resource distribution account in the state special revenue fund. The collections allocated to the account from 15-36-331(2)(b) must be deposited in the account to be used as provided in 15-36-332(7).(2) There is a coal natural resource account in the state special revenue fund. The collections allocated to the account from 15-35-108(9) must be deposited in the account. The account receives earnings from the coal board fund as provided in 17-5-703. The money in the account is allocated to the coal board provided for in 2-15-1821 and may be used only for local impact grants provided for in 90-6-205 through 90-6-207 and costs related to the administration of the grant awards.Amended by Laws 2023, Ch. 717,Sec. 4, eff. 7/1/2023.Amended by Laws 2019, Ch. 414,Sec. 6, eff. 7/1/2019, applicable to oil and gas production occurring on or after July 1, 2019.Amended by Laws 2017, Ch. 351,Sec. 14, eff. 7/1/2017.En. Sec. 1, Ch. 603, L. 2005; amd. Sec. 5, Ch. 33, L. 2009; amd. Sec. 32, Ch. 128, L. 2011.