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on September 19, 1989, in satisfaction of an award grant-
ed to the Quinault Indian Nation under Dockets 772–71, 
773–71, 774–71, and 775–71 before the United States 
Claims Court, less attorney fees and litigation expenses, 
and including all interest accrued to the date of disburse-
ment, shall be disbursed by the Secretary of the Interior 
and deposited into 3 separate accounts to be established 
and maintained by the Quinault Indian Nation (herein-
after in this Act referred to as the ‘‘Tribe’’) as follows: 
(1) An account for the principal amount of the 
judgment funds. Such funds shall be used to create 
a Permanent Fisheries Fund. The principal funds 
may not be expended by the Tribe and shall be in-
vested by the Tribe in accordance with the Tribe’s 
investment policy. 
(2) An account for the investment income 
earned on the Permanent Fisheries Fund from the 
date that the funds are disbursed under this section. 
These funds shall be available for fisheries enhance-
ment projects and the costs associated with admin-
istering the Permanent Fisheries Fund. The specific 
fisheries enhancement projects for which such funds 
are used shall be specified in the Tribe’s approved 
annual budget.
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(3) An account for the investment income 
earned on the judgment funds from September 19, 
1989, to the date of the disbursement of the funds 
to the Tribe under this section. These funds shall be 
available to the Tribe for tribal government activi-
ties. The specific tribal government activities shall 
be specified in the Tribe’s approved annual budget. 
(b) DETERMINATION OF AMOUNT OF FUNDS AVAIL-
ABLE.—The Quinault Business Committee, as the gov-
erning body of the Tribe, has the discretion to determine 
the amount of funds available for expenditure under para-
graphs (2) and (3) of subsection (a) provided that the 
amounts are specified in the Tribe’s approved annual 
budget. 
(c) ANNUAL AUDIT.—The records and investment ac-
tivities of the 3 accounts specified in subsection (a) shall 
be maintained separately by the Tribe and shall be subject 
to an annual audit. 
(d) REPORTING OF INVESTMENT ACTIVITIES AND 
EXPENDITURES.—Not later than 120 days after the close 
of the Tribe’s fiscal year, a full accounting of the previous 
fiscal year’s investment activities and expenditures from 
all funds subject to this Act, which may be in the form 
of the annual audit, shall be made available to the tribal 
membership.
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SEC. 3. GENERAL PROVISIONS. 
(a) DEADLINE FOR DISBURSEMENT OF FUNDS.—
Not later than 30 days after the date of the enactment 
of this Act, all funds subject to this Act shall be disbursed 
to the Tribe. 
(b) UNITED STATES LIABILITY.—Upon disburse-
ment to the Tribe of the funds pursuant to this Act, the 
United States shall no longer have any trust responsibility 
or liability for the investment, supervision, administration, 
or expenditure of the judgment funds. 
(c) APPLICATION OF OTHER LAW.—All funds distrib-
uted under this Act are subject to the provisions of section 
7 of the Indian Tribal Judgment Funds Use or Distribu-
tion Act (25 U.S.C. 1407), relating to the use or distribu-
tion of certain judgment funds awarded by the Indian 
Claims Commission or the Court of Claims.
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