Summary: S.2508 — 96th Congress (1979-1980)All Information (Except Text)

Bill summaries are authored by CRS.

Shown Here:
Passed Senate amended (05/15/1980)

(Measure passed Senate, amended)

Declares that certain funds appropriated to pay judgments in favor of the Gila River Pima-Maricopa Indian Community, awarded by the Indian Claims Commission and the United States Court of Claims, be invested by the Secretary of the Interior. Provides a schedule for the distribution of interest and investment income for operational costs of the Gila River Indian Community and for general district government operations and programs. Directs that after enactment of this Act, all accrued interest and investment income shall be advanced quarterly and utilized according to provisions of such Act.

Authorizes the Gila River tribal governing body to utilize portions of the principal funds awarded for other programs which have been approved by the Secretary.