Technical Correction to the Shoshone-Paiute Tribes of the Duck Valley Reservation Water Rights Settlement Act of 2021
Bill: H.R.1869 | Sponsor: Rep. Amodei, Mark E. (R-NV)
Policy area: Native Americans

Summary:
Technical Correction to the Shoshone-Paiute Tribes of the Duck Valley Reservation Water Rights Settlement Act of 2021
This bill authorizes deposit of specified interest payments into the Shoshone-Paiute Tribes Water Rights Development Fund and the Shoshone-Paiute Tribes Operation and Maintenance Fund. These funds were established under the water rights settlement agreement for the Shoshone-Paiute Tribes of the Duck Valley Reservation.

To amend the Omnibus Public Land Management Act of 2009 to make a 
 technical correction to the water rights settlement for the Shoshone-
 Paiute Tribes of the Duck Valley Reservation, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Technical Correction to the 
Shoshone-Paiute Tribes of the Duck Valley Reservation Water Rights 
Settlement Act of 2021''.

SEC. 2. AUTHORIZATION OF PAYMENT OF INTEREST ON TRUST FUNDS ESTABLISHED 
              UNDER SETTLEMENT.

    Section 10807 of the Omnibus Public Land Management Act of 2009 
(Public Law 111-11; 123 Stat. 1408) is amended--
            (1) in subsection (b)(3)--
                    (A) by striking ``There is'' and inserting the 
                following:
                    ``(A) In general.--There is''; and
                    (B) by adding at the end the following:
                    ``(B) Interest payments.--There is authorized to be 
                appropriated to the Secretary for deposit into the 
                Development Fund the interest that would have accrued 
                during the period beginning on October 1, 2009, and 
                ending on January 25, 2016, on balances held in the 
                Development Fund, as calculated using the applicable 
                rate for interest-bearing obligations of the United 
                States if the amounts in the Development Fund had been 
                invested in accordance with--
                            ``(i) the Act of April 1, 1880 (21 Stat. 
                        70, chapter 41; 25 U.S.C. 161); and
                            ``(ii) the first section of the Act of June 
                        24, 1938 (52 Stat. 1037, chapter 648; 25 U.S.C. 
                        162a).''; and
            (2) in subsection (c)(3)--
                    (A) by striking ``There is'' and inserting the 
                following:
                    ``(A) In general.--There is''; and
                    (B) by adding at the end the following:
                    ``(B) Interest payments.--There is authorized to be 
                appropriated to the Secretary for deposit into the 
                Maintenance Fund the interest that would have accrued 
                during the period beginning on October 1, 2009, and 
                ending on January 25, 2016, on balances held in the 
                Maintenance Fund, as calculated using the applicable 
                rate for interest-bearing obligations of the United 
                States if the amounts in the Maintenance Fund had been 
                invested in accordance with--
                            ``(i) the Act of April 1, 1880 (21 Stat. 
                        70, chapter 41; 25 U.S.C. 161); and
                            ``(ii) the first section of the Act of June 
                        24, 1938 (52 Stat. 1037, chapter 648; 25 U.S.C. 
                        162a).''.
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