IN THE SENATE OF THE UNITED STATES
September 7, 2016
Mr. Reid introduced the following bill; which was read twice and referred to the Committee on Indian Affairs
To require the Secretary of the Interior to transfer to the Shoshone-Paiute Tribes of the Duck Valley Reservation investment income held in certain funds.
Transfer of investment income to Tribes
Section 10807(e) of the Omnibus Public Land Management Act of 2009 (Public Law 111–11; 123 Stat. 1409) is amended—
Upon completion and inserting the following:
by adding at the end the following:
Transfer of investment income
The Secretary shall transfer to the Tribes in accordance with subsections (f) and (g) any investment or interest income held in the Funds, including any investment or interest income prior to the completion of the actions described in section 10808(d), for the use of the Tribes in accordance with subsections (b)(2) and (c)(2).