Laws: Cases and Codes : U.S. Code : Title 25 : Section 465


   
U.S. Code as of: 01/19/04
Section 465. Acquisition of lands, water rights or surface rights; appropriation; title to lands; tax exemption

      The Secretary of the Interior is authorized, in his discretion,
    to acquire, through purchase, relinquishment, gift, exchange, or
    assignment, any interest in lands, water rights, or surface rights
    to lands, within or without existing reservations, including trust
    or otherwise restricted allotments, whether the allottee be living
    or deceased, for the purpose of providing land for Indians.
      For the acquisition of such lands, interests in lands, water
    rights, and surface rights, and for expenses incident to such
    acquisition, there is authorized to be appropriated, out of any
    funds in the Treasury not otherwise appropriated, a sum not to
    exceed $2,000,000 in any one fiscal year: Provided, That no part of
    such funds shall be used to acquire additional land outside of the
    exterior boundaries of Navajo Indian Reservation for the Navajo
    Indians in Arizona, nor in New Mexico, in the event that
    legislation to define the exterior boundaries of the Navajo Indian
    Reservation in New Mexico, and for other purposes, or similar
    legislation, becomes law.
      The unexpended balances of any appropriations made pursuant to
    this section shall remain available until expended.
      Title to any lands or rights acquired pursuant to this Act or the
    Act of July 28, 1955 (69 Stat. 392), as amended (25 U.S.C. 608 et
    seq.) shall be taken in the name of the United States in trust for
    the Indian tribe or individual Indian for which the land is
    acquired, and such lands or rights shall be exempt from State and
    local taxation.



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