A bill to require the Secretary of the Interior to transfer to the Shoshone-Paiute Tribes of the Duck Valley Reservation investment income held in certain funds.

Bill: 114-s-3293
Sponsor: full_name: Sen. Reid, Harry [D-NV]
Introduced: 2016-09-07
Policy area: Native Americans
Latest action: action_date: 2016-09-07
text: Read twice and referred to the Committee on Indian Affairs. (text of measure as introduced: CR S5373)

Summaries:
action_date: 2016-09-07
action_desc: Introduced in Senate
text: <p>This bill amends the Omnibus Public Land Management Act of 2009 to transfer investment and interest income from the Shoshone-Paiute Tribes Water Rights Development Fund and Operation and Maintenance Fund to the tribes for use in accordance with the Water Rights Development Fund and Operation and Maintenance Fund.</p>

tv_txt: II 114th CONGRESS 2d Session S. 3293 IN THE SENATE OF THE UNITED STATES September 7, 2016 Mr. Reid introduced the following bill; which was read twice and referred to the Committee on Indian Affairs A BILL To require the Secretary of the Interior to transfer to the Shoshone-Paiute Tribes of the Duck Valley Reservation investment income held in certain funds.

1. Transfer of investment income to Tribes Section 10807(e) of the Omnibus Public Land Management Act of 2009 ( Public Law 111–11 ; 123 Stat. 1409) is amended— (1) by striking Upon completion and inserting the following: (1) In general On completion ; and (2) by adding at the end the following: (2) Transfer of investment income The Secretary shall transfer to the Tribes in accordance with subsections (f) and (g) any investment or interest income held in the Funds, including any investment or interest income prior to the completion of the actions described in section 10808(d), for the use of the Tribes in accordance with subsections (b)(2) and (c)(2). .