H.R.1846 (C103) 04/22/93
Rep Synar House Natural Resources
(CROSS REFERENCE BILLS EXIST)
OFFICIAL TITLE(S):
AS INTRODUCED: (DATA FURNISHED BY THE HOUSE)
A bill to require the Secretary of the Interior to pay interest on Indian
funds invested, to authorize demonstrations of new approaches for the
management of Indian trust funds, to clarify the trust responsibility of the
United States with respect to Indians, to establish a program for the training
and recruitment of Indians in the management of trust funds, to account for
daily and annual balances on and to require periodic statements for Indian
trust funds, and for other purposes.
SHORT TITLE(S):
AS INTRODUCED:
Native American Trust Fund Accounting and Management Reform Act of 1993
COMMITTEE(S) OF REFERRAL:
House Natural Resources
SUBCOMMITTEE(S) OF REFERRAL:
Hsc Native American Affairs
DETAILED STATUS STEPS:
HOUSE ACTIONS
Apr 22, 93 Referred to the House Committee on Natural Resources.
Jun 2, 93 Referred to the Subcommittee on Native American Affairs.
CROSS REFERENCE BILLS (WORD-FOR-WORD IDENTICAL BILLS):
H.R.1846 S.925
DIGEST AS INTRODUCED:
TABLE OF CONTENTS:
Title I: Trust Fund Interest Payments
Title II: Indian Trust Fund Management Demonstration Program
Title III: Recognition of Trust Responsibility
Title IV: Training and Personnel
Title V: Responsibility to Account for Indian Trust Funds
Native American Trust Fund Accounting and Management Reform Act of 1993 -
Title I: Trust Fund Interest Payments - Amends Federal law to change from
discretionary to mandatory the authority of the Secretary of the Interior to
invest Indian trust funds in debt obligations issued or guaranteed by the
United States.
Requires the Secretary to pay interest periodically on such deposited or
invested funds to the appropriate Indian tribe or individual Indian.
Repeals Federal law that relieves the United States from any liability
relating to the interest payable on such invested funds.
Authorizes the Secretary to make payments to an Indian tribe or individual
Indian in full satisfaction of any claim of such tribe or Indian for any
interest owed on amounts deposited or invested on their behalf before the
enactment of this Act.
Title II: Indian Trust Fund Management Demonstration Program -
Authorizes an Indian tribe to submit to the Secretary a demonstration plan for
new approaches to management of tribal or individual funds held in trust by
the United States and managed by the Bureau of Indian Affairs (BIA) for a
tribe or its members. Sets forth: (1) plan approval criteria; and (2)
Federal trust responsibility in the case of tribal trust fund management.
Provides for voluntary withdrawal of program funds.
Title III: Recognition of Trust Responsibility - Amends Federal law to
require the Secretary to take specified actions to properly discharge U.S.
trust responsibilities with regard to Indian funds investment.
States that the Congress recognizes a trust responsibility with respect to
natural resources on Indian reservations and trust lands.
Title IV: Training and Personnel - Directs the Secretary to establish a
trust fund management training program for Indians.
Title V: Responsibility to Account for Indian Trust Funds - Requires
the Secretary to: (1) account for daily and annual balances of Indian trust
funds; and (2) provide periodic performance statements.
--------------------------------------------------------------------------------
S.925 (C103) 05/07/93
Sen Inouye, (Cosp=8) Senate Indian Affairs
(CROSS REFERENCE BILLS EXIST)
OFFICIAL TITLE(S):
AS INTRODUCED: (DATA FURNISHED BY THE SENATE)
A bill to require the Secretary of the Interior to pay interest on Indian
funds invested, to authorize demonstrations of new approaches for the
management of Indian trust funds, to clarify the trust responsibility of the
United States with respect to Indians, to establish a program for the training
and recruitment of Indians in the management of trust funds, to account for
daily and annual balances on and to require periodic statements for Indian
trust funds, and for other purposes.
SHORT TITLE(S):
AS INTRODUCED:
Native American Trust Fund Accounting and Management Reform Act of 1993
COMMITTEE(S) OF REFERRAL:
Senate Indian Affairs
DETAILED STATUS STEPS:
SENATE ACTIONS
May 7, 93 Read twice and referred to the Committee on Indian Affairs.
Jun 22, 93 Committee on Indian Affairs. Hearings held.
CROSS REFERENCE BILLS (WORD-FOR-WORD IDENTICAL BILLS):
S.925 H.R.1846
DIGEST AS INTRODUCED:
TABLE OF CONTENTS:
I: Trust Fund Interest Payments
II: Indian Trust Fund Management Demonstration Program
III: Recognition of Trust Responsibility
IV: Training and Personnel
V: Responsibility to Accounts for Indian Trust Funds
Native American Trust Fund Accounting and Management Reform Act of 1993 -
Title I: Trust Fund Interest Payments - Amends Federal law to change from
discretionary to mandatory the authority of the Secretary of the Interior to
invest Indian trust funds in debt obligations issued or guaranteed by the
United States.
Requires the Secretary to pay interest periodically on such deposited or
invested funds to the appropriate Indian tribe or individual Indian.
Repeals Federal law that relieves the United States from any liability
relating to the interest payable on such invested funds.
Authorizes the Secretary to make payments to an Indian tribe or individual
Indian in full satisfaction of any claim of such tribe or Indian for any
interest owed on amounts deposited or invested on their behalf before the
enactment of this Act.
Title II: Indian Trust Fund Management Demonstration Program -
Authorizes an Indian tribe to submit to the Secretary a demonstration plan for
new approaches to management of tribal or individual funds held in trust by
the United States and managed by the Bureau of Indian Affairs (BIA) for a
tribe or its members. Sets forth: (1) plan approval criteria; and (2)
Federal trust responsibility in the case of tribal trust fund management.
Provides for voluntary withdrawal of program funds.
Title III: Recognition of Trust Responsibility - Amends Federal law to
require the Secretary to take specified actions to properly discharge U.S.
trust responsibilities with regard to Indian funds investment.
States that the Congress recognizes a trust responsibility with respect to
natural resources on Indian reservations and trust lands.
Title IV: Training and Personnel - Directs the Secretary to establish a
trust fund management training program for Indians.
Title V: Responsibility to Account for Indian Trust Funds - Requires
the Secretary to: (1) account for daily and annual balances of Indian trust
funds; and (2) provide periodic performance statements.
COSPONSOR COSPONSORED ON WITHDRAWN ON
Sen McCain 05/07/93
Sen Simon 05/07/93
Sen Campbell 05/07/93
Sen Wellstone 05/07/93
Sen Daschle 05/07/93
Sen Domenici 05/11/93
Sen Conrad 05/13/93
Sen Kassebaum 06/23/93
-- Western Shoshone Defense Project <wsdp@rahul.net>