H.R. 5960 (98th): Saginaw Chippewa Indian Tribe of Michigan Distribution of Judgment Funds Act

Introduced:
Jun 28, 1984 (98th Congress, 1983–1984)
Status:
Died (Referred to Committee)
See Instead:

S. 2823 (same title)
Reported by Committee — Sep 11, 1984

Sponsor
Donald Albosta
Representative for Michigan's 10th congressional district
Party
Democrat
Related Bills
S. 2823 (identical)

Reported by Committee
Last Action: Sep 11, 1984

 
Status

This bill was introduced on June 28, 1984, in a previous session of Congress, but was not enacted.

Progress
Introduced Jun 28, 1984
Referred to Committee Jun 28, 1984
 
Full Title

A bill to provide for the use and distribution of funds appropriated in satisfaction of judgments awarded to the Saginaw Chippewa Tribe of Michigan in Dockets Numbered 59 and 13E before the Indian Claims Commission and Docket Numbered 13F before the United States Claims Court, and for other purposes.

Summary

No summaries available.

Cosponsors
5 cosponsors (3D, 2R) (show)
Committees

House Natural Resources

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


6/28/1984--Introduced.
Saginaw Chippewa Indian Tribe of Michigan Distribution of Judgment Funds Act - Authorizes the Saginaw Chippewa Tribe of Michigan, through its Tribal Council, to establish a Principal Investment Fund to be held in trust by the Council for the benefit of the tribe.
Requires the income from such fund to be used exclusively for tribal economic development or development of tribal resources.
Requires a certain percentage of the Fund's net income to be retained and included in its principal.
Requires the Fund to be audited once every fiscal year and treats such report as a tribal public document.
Requires the Secretary to transfer to the tribe for deposit in the Principal Investment Fund certain judgment funds awarded the Saginaw Chippewa Indian Tribe of Michigan in satisfaction of specified claims.
Absolves the Secretary under any further trust responsibility for the funds after such transfer.
Exempts payment or distributions from the Fund from State, local, or Federal income tax.
Prohibits the consideration of such payments or distributions in determinations to deny or reduce benefits under Federal assistance programs or the Social Security Act.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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