A bill to amend the Claims Resolution Act of 2010 to authorize the Secretary of the Interior to contract with eligible Indian tribes to manage land buy-back programs, to require that certain amounts be deposited into interest bearing accounts, and for other purposes.
About This Bill
Committee
Latest Action · May 22, 2014
Read twice and referred to the Committee on Finance.
Amends the Claims Resolution Act of 2010 to authorize the Secretary of the Interior (the Secretary) to enter into contracts under the Indian Self-Determination and Education Assistance Act with eligible Indian tribes to carry out activities related to them under the Land Consolidation Program.
Requires the Secretary to invest the amounts remaining in the Trust Land Consolidation Fund into public debt securities with maturities suitable to the needs of such Fund. Requires invested funds and the interest to be used for the purposes for which the Trust Land Consolidation Fund was established.
Makes the Secretary responsible for ensuring that all payments are made to beneficiaries within one year.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.