|
|
|
U.S. Code as of:
01/19/04
Section 1171. Distribution of funds; authorized spending; per capita payment; tax exemption
The funds on deposit in the United States Treasury to the credit
of the Iowa Tribes of Kansas and Nebraska and of Oklahoma that were
appropriated by the Act of April 30, 1965 (79 Stat. 81), to pay a
judgment by the Indian Claims Commission in dockets numbered 138
and 79, and the interest thereon, after payment of attorney fees
and other litigation expenses, shall be divided on the basis of
171/279ths (61.29 per centum) to the Iowas of Kansas and Nebraska
and 108/279ths (38.71 per centum) to the Iowas of Oklahoma, and the
funds so divided, including interest accruing thereon, may be
invested or expended for any purpose that is authorized by the
respective tribal governing bodies and approved by the Secretary of
the Interior. Any per capita distribution of any part of the funds
placed to the credit of the Iowa Tribes of Kansas and Nebraska and
of Oklahoma shall be payable only to those persons who meet the
membership requirements specified in the respective tribal
constitutions, and such per capita payments shall not be subject to
Federal or State income tax.
|
|