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U.S. Code as of:
01/19/04
Section 876. Advances or expenditures from tribal funds; tax exemption
The unexpended balance of funds on deposit in the Treasury of the
United States to the credit of the Otoe and Missouria Tribe of
Indians that were appropriated by the Act of June 9, 1964, to pay a
judgment by the Indian Claims Commission in docket numbered 11-A,
and the interest thereon, less payment of attorney fees and
expenses, may be advanced or expended for any purpose that is
authorized by the tribal governing body and approved by the
Secretary of the Interior. Any part of such funds that may be
distributed to the members of the tribe shall not be subject to
Federal or State income taxes. The sum of $150,000, and any accrued
interest thereon, shall be held in the United States Treasury
pending final determination of the Yankton Sioux claim in docket
numbered 332-A. Any portion of such sum that is determined to
belong to the Otoe and Missouria Tribe shall thereupon become
subject to the foregoing provisions of this section.
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