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U.S. Code as of:
01/19/04
Section 640d-30. Navajo Rehabilitation Trust Fund
(a) Establishment
There is hereby established in the Treasury of the United States
a trust fund to be known as the "Navajo Rehabilitation Trust Fund",
which shall consist of the funds transferred under subsection (b)
of this section and of the funds appropriated pursuant to
subsection (f) of this section and any interest or investment
income accrued on such funds.
(b) Deposit of income into Fund
All of the net income derived by the Navajo Tribe from the
surface and mineral estates of lands located in New Mexico that are
acquired for the benefit of the Navajo Tribe under section 640d-10
of this title shall be deposited into the Navajo Rehabilitation
Trust Fund.
(c) Secretary as trustee; investment of funds
The Secretary shall be the trustee of the Navajo Rehabilitation
Trust Fund and shall be responsible for investment of the funds in
such Trust Fund.
(d) Availability of funds; purposes
Funds in the Navajo Rehabilitation Trust Fund, including any
interest or investment accruing thereon, shall be available to the
Navajo Tribe, with the approval of the Secretary, solely for
purposes which will contribute to the continuing rehabilitation and
improvement of the economic, educational, and social condition of
families, and Navajo communities, that have been affected by -
(1) the decison (!1) in the Healing case, or related
proceedings,
(2) the provision (!2) of this subchapter, or
(3) the establishment by the Secretary of the Interior of
grazing district number 6 as land for the exclusive use of the
Hopi Tribe.
(e) Conceptual framework for expenditure of funds
By December 1, 1989, the Secretary of the Interior, with the
advice of the Navajo Tribe and the Office of Navajo and Hopi Indian
Relocation, shall submit to the Congress a conceptual framework for
the expenditure of the funds authorized for the Navajo
Rehabilitation Trust Fund. Such framework is to be consistent with
the purposes described in subsection (d) of this section.
(f) Termination of Trust Fund
The Navajo Rehabilitation Trust Fund shall terminate when, upon
petition by the Navajo Tribe, the Secretary determines that the
goals of the Trust Fund have been met and the United States has
been reimbursed for funds appropriated under subsection (f) of this
section. All funds in the Trust Fund on such date shall be
transferred to the general trust funds of the Navajo Tribe.
(g) Authorization of appropriations; reimbursement of General Fund
There is hereby authorized to be appropriated for the Navajo
Rehabilitation Trust Fund not (!3) exceed $10,000,000 in each of
fiscal years 1990, 1991, 1992, 1993, 1994 and 1995. The income from
the land referred to in subsection (b) of this section shall be
used to reimburse the General Fund of the United States Treasury
for amounts appropriated to the Fund.
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