Summary: S.2387 — 113th Congress (2013-2014)All Information (Except Text)

There is one summary for S.2387. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (05/22/2014)

Amends the Claims Resolution Act of 2010 to authorize the Secretary of the Interior (the Secretary) to enter into contracts under the Indian Self-Determination and Education Assistance Act with eligible Indian tribes to carry out activities related to them under the Land Consolidation Program.

Requires the Secretary to invest the amounts remaining in the Trust Land Consolidation Fund into public debt securities with maturities suitable to the needs of such Fund. Requires invested funds and the interest to be used for the purposes for which the Trust Land Consolidation Fund was established.

Makes the Secretary responsible for ensuring that all payments are made to beneficiaries within one year.