Code of Federal Regulations · Section

§ 3103.1 — Fiscal Terms

43 C.F.R. § 3103.1

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(a) The table in this section shows the fiscal terms, that the BLM will adjust every 4 years by a final rule. The BLM will adjust the amounts according to the change in the Implicit Price Deflator for Gross Domestic Product since the previous adjustment. The fiscal terms displayed below are effective on June 22, 2024. Per the Inflation Reduction Act, the BLM will not adjust the rental nor the minimum bonus bids until after August 16, 2032.

Table 1 to Paragraph (a)—Fiscal Terms Table

(b) The amounts in the fiscal terms table are not subject to appeal to the Interior Board of Land Appeals pursuant to 43 CFR part 4, subpart E.

43 C.F.R. § 3103.11

Authorizing Statute