Alaska Settlement Agreement

The Department of the Interior, through its Office of Natural Resource Revenues (ONRR), disburses revenue shares to the State of Alaska under the Alaska Settlement Agreement (CFDA 15.431) on a monthly basis with no upcoming application deadline, as payments are formula-based and automatic.

This program operates as a direct revenue-sharing mechanism rather than a competitive grant program. ONRR distributes 100 percent of revenues collected from federally issued leases, permits, rights-of-way, easements, or contracts on federal lands in Alaska covered under Section 6(h) of the Alaska Statehood Act. Payments are calculated and issued automatically by ONRR according to statutory requirements; no applications, proposals, or competitive awards are involved. The State of Alaska is the sole eligible recipient. Funds flow monthly and are subject to late disbursement interest if delayed. There are no specific restrictions on how the State of Alaska may use the funds received.

The program is not structured as a traditional grant program with project-specific awards or assistance types. Instead, it functions as a mandatory federal-to-state transfer tied directly to natural resource extraction activity on federal lands within Alaska. Payment amounts fluctuate based on revenue collected from qualifying mineral and land use agreements in any given period, making the funding predictable in structure but variable in magnitude from month to month.

The source does not identify recent grant awards, award cadence, historical funding totals, or specific dollar amounts from recent disbursements. No grant opportunities are posted; eligibility and payment schedules are established by statute. Because only the State of Alaska can receive funds and no application or competitive process exists, this program is relevant only to state-level administrators responsible for revenue management or natural resource accounting. Business development professionals at non-state organizations, or at state organizations seeking discretionary project funding rather than statutory revenue transfers, would not pursue this listing.