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United States · Law · S

S. 964 (106th)

Cheyenne River Sioux Tribe Equitable Compensation Act

enactedUnited States· United States Congress· EN

Introduced

5 May 1999

Last action

Status

Became Public Law No: 106-511.

Sponsors

Subjects

Discovery layer

Source updated

10 February 2026

Summary

Cheyenne River Sioux Tribe Equitable Compensation Act - Establishes in the Treasury the Cheyenne River Sioux Tribal Recovery Trust Fund. Directs the Secretary of the Treasury to: (1) deposit a specified amount into the Fund out of any money in the Treasury not otherwise appropriated; (2) invest such portion of the Fund as is not required to meet current withdrawals; and (3) deposit interest resulting from such investments into the Fund. Establishes a schedule under which the Secretary shall withdraw specified amounts of interest deposited into the Fund and transfer those amounts to the Secretary of the Interior for making payments as requested by the Tribe, pursuant to tribal resolution, for promoting economic and infrastructure development and educational, health, recreational, and social welfare objectives. Authorizes the Tribe to enter into an agreement under which future payments are pledged as security for a loan or other financial transaction. Permits such agreement only in connection with the purchase of land or other capital assets and limits the pledge for any year under the agreement to 40 percent of any payment for that year. Authorizes appropriations.

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Documents

19 official files

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