Q: In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
SECTION 1. SHORT TITLE.

This Act may be cited as the ''Fort Peck Tribes- Montana Compact
Act of 1994''.

SEC. 2. RATIFICATION OF COMPACT.

The Fort Peck Indian Tribes-Montana Compact is approved, ratified
and confirmed.

SEC. 3. AGREEMENTS RELATED TO USE OF WATER RIGHTS.

(a) Tribal Authority To Enter Into Agreements.--Subject to the
approval of the Secretary and to all terms of the Fort Peck Indian
Tribes-Montana Compact, the Tribes may enter into a joint venture,
service contract, lease, exchange or other agreement (hereafter
referred to in this Act as a ''Water Agreement''), or a modification of
such agreement, that authorizes--
(1) the delivery, use or transfer of any part of the water
rights confirmed in the Tribes by the Fort Peck Indian Tribes-
Montana Compact, for a specified term, not to exceed 50 years,
inclusive of all renewal periods; or
(2) the diversion or use of any portion of a tribal water
right within or outside the Reservation.
(b) Approval by Secretary.--The Secretary shall approve or
disapprove a Water Agreement, or a modification of such agreement,
within--
(1) 180 days after submission of the agreement or
modification to the Secretary; or
(2) 60 days after compliance, if required, with section
102(2)(C) of the National Environmental Policy Act of 1969 (42
U.S.C. 4332(2)(C)) and with any other applicable provision of
Federal law;
whichever is later.
(c) Enforcement.--A party to a Water Agreement or modification may
enforce the provisions of subsection (b) in accordance with the
provisions of section 1361 of title 28, United States Code.
(d) Confidentiality.--Notwithstanding any other provision of law,
the Department of the Interior shall treat--
(1) any projection, study, data or other information under
the control of the Department of the Interior relating to the
terms and conditions of a Water Agreement or modification of
such an agreement; or
(2) any information relating to a financial benefit
accruing to the Tribes as a result of a Water Agreement or
modification of such an agreement;
as the privileged, proprietary information of the Tribes.
(e) Limitation.--Notwithstanding any other provision of this Act or
the Fort Peck Indian Tribes-Montana Compact, the Tribes may not enter
into any Water Agreement which authorizes the use of the tribal water
right outside the Basin.
(f) Economic Development.--(1) There is established in the Treasury
of the United States the ''Assiniboine and Sioux Tribes Economic
Recovery Fund''.
(2) Commencing with fiscal year 1996, and for each fiscal year
thereafter, the Secretary of the Treasury shall deposit in the fund an
amount equal to 10 percent of the receipts from deposits to the United
States Treasury for the preceding fiscal year from the integrated
programs of the Eastern Division of the Pick-Sloan Missouri River Basin
Project administered by the Western Area Power Administration, but in
no event shall the aggregate of the amounts deposited to the fund
established by this subsection exceed $50,000,000.
(3) The Secretary of the Treasury shall deposit the interest which
accrues on deposits to the fund in a separate account in the Treasury
of the United States. Such interest shall be available, without fiscal
year limitation, for use by the Secretary of the Interior, commencing
with fiscal year 1999, and each fiscal year thereafter, in making
payments to the Tribes for use for (A) tribal economic development,
including development of long-term profitmaking opportunities for the
Tribes and employment opportunities for tribal members, and (B) for
acquisition of lands including trust lands within the Reservation from
willing sellers and the improvement of such acquired lands, subject to
the approval of the Secretary. No part of the principal of the fund
shall be available for making such payments.
(4) Amounts deposited in the fund shall be nonreimbursable and
nonreturnable.
(5) No payments pursuant to this Act shall result in the reduction,
or the denial, of any Federal services or programs that the Tribes or
any of their members, are otherwise entitled to, or eligible for,
because of their status as a federally recognized Indian tribe or
member pursuant to Federal law. No payments pursuant to this Act shall
be subject to Federal or State income tax, or affect Pick-Sloan
Missouri River Basin power rates in any way.
(6) No part of any moneys in any fund under this Act shall be
distributed to any member of the Tribes on a per capita basis.
(g) Waiver of Claims Against the United States.--In consideration
of performance by the United States of all actions required by this
Act, including the congressional authorization, appropriation, and
payment of all funds for the Fund, the Tribes shall be deemed to have
executed in return a waiver and release of any and all existing claims
against the United States arising in whole or in part from or
concerning water rights finally settled by the Fort Peck Indian Tribes-
Montana Compact.

SEC. 4. DEFINITIONS.

For purposes of this Act--
(1) The term ''Fort Peck Indian Tribes-Montana Compact''
means the compact relating to the reserved water rights of the
Assiniboine and Sioux Tribes of the Fort Peck Reservation that
was ratified by the Tribes on April 29, 1985, and by the
legislature of the State of Montana on May 15, 1985.
(2) The term ''Reservation'' means the Fort Peck Indian
Reservation, as defined in the agreement of December 28, 1886,
and December 31, 1886, and as confirmed by the Act approved May
1, 1888 (25 Stat. 113).
(3) The term ''Secretary'' means the Secretary of the
Interior.
(4) The term ''Tribes'' means the Assiniboine and Sioux
Tribes of the Fort Peck Indian Reservation.
(5) The term ''tribal water right'' means the tribal water
right defined in, and subject to, the Fort Peck-Montana
Compact.
(6) The term ''Fund'' means the Assiniboine and Sioux
Tribes Economic Recovery Fund established by section 3(f)(1).
A:
Fort Peck Tribes-Montana Compact Act of 1994 - Ratifies the Fort Peck Indian Tribes-Montana Compact.
Authorizes the Tribes (the Assiniboine and Sioux Tribes of the Fort Peck Indian Reservation) to enter into a Water Agreement.
Establishes in the Treasury the Assiniboine and Sioux Tribes Economic Recovery Fund.