In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.

Ex Input:
SECTION 1. ALEXANDER CREEK VILLAGE RECOGNITION.

The Alaska Native Claims Settlement Act (43 U.S.C. 1601 et seq.) is
amended by adding at the end the following:

''SEC. 43. ALEXANDER CREEK VILLAGE RECOGNITION.

''(a) Recognition of the Village of Alexander Creek.--Subject to
the limitations of this section and notwithstanding section 1432(d) of
the Alaska National Interest Lands Conservation Act (Public Law 96-487)
to the contrary, Alexander Creek, located within Township 15N, Range
7W, Seward Meridian, Alaska, is and shall be recognized as an eligible
Native village under section 11(b)(3) of this Act.
''(b) Definitions.--For the purposes of this section, the following
terms apply:
''(1) The term 'agency' includes--
''(A) any instrumentality of the United States;
''(B) any element of an agency; and
''(C) any wholly owned or mixed-owned corporation
of the United States Government identified in chapter
91 of title 31, United States Code.
''(2) The term 'conservation system unit' has the meaning
given that term in the Alaska National Interest Lands
Conservation Act.
''(3) The term 'Alexander Creek' means Alexander Creek
Incorporated, an Alaska Native Group corporation, organized
pursuant to this Act.
''(4) The term 'property' has the meaning given that term
in Public Law 94-204 (43 U.S.C. 1611 note).
''(5) The term 'Region' means Cook Inlet Region
Incorporated, an Alaska Native Regional Corporation, which is
the appropriate Regional Corporation for Alexander Creek under
section 1613(h) of this Act.
''(6) The term 'CIRI Property Account' means the account in
the Treasury established by the Secretary of the Treasury
pursuant to section 12(b) of Public Law 94-204 (43 U.S.C. 1611
note), referred to in that section as the 'Cook Inlet Region,
Incorporated property account'.
''(c) Establishment.--(1) The Secretary of the Treasury, in
consultation with the Secretary of the Interior, shall establish an
account in the Treasury to be known as the 'Alexander Creek account'
which shall be funded in the full amount provided for by this section
within 24 months of the date of enactment of this section
''(2) Funds in the Alexander Creek account shall--
''(A) be available to Alexander Creek for bidding on and
purchasing property sold at public sale, subject to paragraph
(3); and
''(B) remain available until expended.
''(3)(A) Alexander Creek may use funds in the Alexander Creek
account to bid as any other bidder for property in Alaska at any public
sale by an agency and may purchase such property in accordance with
applicable laws and regulations of the agency offering the property for
sale.
''(B) In conducting a transaction described in subparagraph (A), an
agency shall accept, in the same manner as cash, any amount tendered
from the Alexander Creek account. The Secretary of the Treasury shall
adjust the balance of the Alexander Creek account to reflect the
transaction.
''(C) The Secretary of the Treasury, in consultation with the
Secretary of the Interior, shall establish procedures for the following
transactions related to the Alexander Creek account:
''(i) Receipt of deposits.
''(ii) Receipt of deposits into escrow when an escrow is
required for the sale of property.
''(iii) Reinstatement to the Alexander Creek account of any
unused escrow deposits in the event that a sale of property is
not consummated.
''(d) Amount.--(1) The initial balance of the Alexander Creek
account shall be the fair market value as determined by the appraisal
conducted under subsection (g) of the surface estate of the
approximately 61,440 acres of deficiency selections previously made by
Alexander Creek, which comprise the following parcels of land:
''T. 2 T., R. 19 W., secs. 3 and 4.
''T. 2 T., R. 19 W., sec. 10.
''T. 2 T., R. 19 W., secs. 14 and 15.
''T. 3 T., R. 19 W., sec. 30.
''T. 2 T., R. 20 W., secs. 20 through 23.
''T. 3 T., R. 20 W., sec. 10.
''T. 3 T., R. 20 W., sec. 14.
''T. 3 T., R. 20 W., secs. 24 and 25.
''T. 1 T., R. 26 W., sec. 31.
''T. 2 T., R. 27 W., secs. 3 and 4.
''T. 2 T., R. 29 W., secs. 3 through 5.
''T. 2 S., R. 19 W., sec. 18.
''T. 2 S., R. 20 W., secs. 12 and 13.
''T. 2 S., R. 20 W., sec. 24.
''T. 2 S., R. 20 W., secs. 26 and 27.
''T. 2 S., R. 20 W., secs. 33 and 34.
''T. 3 S., R. 23 W., sec. 25.
''T. 6 S., R. 24 W., secs. 1 and 2.
''T. 6 S., R. 24 W., sec. 11.
''T. 6 S., R. 24 W., secs. 18 through 20.
''T. 9 S., R. 27 W., secs. 6 and 7.
''T. 7 S., R. 28 W., sec. 2.
''T. 7 S., R. 28 W., sec. 21.
''T. 7 S., R. 28 W., secs. 28 and 29.
''T. 7 S., R. 28 W., secs. 31 through 33.
''T. 8 S., R. 28 W., secs. 5 through 7.
''T. 9 S., R. 28 W., sec. 1.
''T. 9 S., R. 28 W., sec. 12.
''T. 7 S., R. 29 W., sec. 12.
''T. 8 S., R. 29 W., sec. 1.
''T. 8 S., R. 29 W., secs. 3 and 4.
''T. 8 S., R. 29 W., secs. 8 through 20.
''T. 2 N., R. 20 W., sec. 13.
''T. 1 N., R. 27 W., sec. 8.
''T. 1 N., R. 27 W., sec. 16.
''T. 1 N., R. 27 W., secs. 20 through 23.
''T. 1 N., R. 27 W., sec. 25.
''T. 1 N., R. 27 W., sec. 36.
''T. 1 N., R. 28 W., secs. 1 and 2.
''T. 1 N., R. 28 W., secs. 8 through 11.
''T. 1 N., R. 28 W., secs. 16 through 18.
''T. 3 S., R. 23 W., sec. 8.
''T. 3 S., R. 23 W., sec. 26.
''T. 3 S., R. 23 W., sec. 33.
''T. 6 S., R. 24 W., secs. 27 and 28.
''T. 7 S., R. 28 W., secs. 4 through 7.
''T. 7 S., R. 28 W., secs. 10 and 11.
''T. 7 S., R. 28 W., secs. 14 and 15.
''T. 7 S., R. 28 W., sec. 22.
''T. 8 S., R. 29 W., sec. 5.
''T. 2 N., R. 20 W., sec. 30.
''T. 3 N., R. 20 W., sec. 2.
''T. 3 N., R. 20 W., sec. 13.
''T. 4 N., R. 20 W., sec. 33.
''T. 2 N., R. 27 W., secs. 10 through 12.
''T. 11 N., R. 28 W., secs. 16 through 27.
''T. 2 N., R. 30 W., sec. 12.
''T. 1 S., R. 20 W., sec. 4.
''T. 3 S., R. 23 W., sec. 17.
''T. 3 S., R. 23 W., sec. 28.
''T. 6 S., R. 24 W., sec. 14.
''T. 6 S., R. 24 W., sec. 21.
''T. 6 S., R. 24 W., sec. 26.
''T. 5 S., R. 26 W., secs. 29 and 30.
''T. 7 S., R. 28 W., sec. 1.
''T. 7 S., R. 29 W., sec. 1.
''T. 7 S., R. 29 W., sec. 11.
''T. 7 S., R. 29 W., secs. 14 through 16.
''T. 7 S., R. 29 W., secs. 21 and 22.
''T. 2 N., R. 19 W., sec. 7.
''T. 2 N., R. 19 W., sec. 18.
''(2) The balance of the CIRI Property Account shall be increased
by an amount equal to the fair market value of the subsurface estate of
the approximately 61,440 acres of deficiency selections made by
Alexander Creek, as described in paragraph (1): Provided, That the
value of such subsurface estate shall not be less than 61,440
multiplied by the acre equivalent value of the Region's entitlement
lands under paragraph (2) of the second section of 12(b)(7)(iv) of the
Act of January 2, 1976 (Public Law 94-204). The funds added to the CIRI
Property Account pursuant to this subsection shall be segregated from
all other funds therein by a method to be mutually agreed by CIRI and
the Secretary of the Treasury.
''(e) Land Exchange.--The Secretary of the Interior shall enter
into negotiations with Alexander Creek, no later than 180 days after
the date of the enactment of this Act, to attempt to conclude, under
the authority of section 22(f), a land exchange to acquire lands not
within any conservation system unit from the State of Alaska or the
Matanuska-Susitna Borough under the same procedures set forth in
section 22(f) to enable Alexander Creek to obtain additional public
lands within Alexander Creek's original withdrawal area in Alaska, as
identified by Alexander Creek. The subsurface to lands conveyed to
Alexander Creek under subsection (d) shall be conveyed, without
consideration, to the Region and shall be treated for all purposes as
subsurface land conveyed to the Region under section 14(f). Any land
exchange to be undertaken pursuant to this subsection must be approved
by Alexander Creek, and must be completed no later than 36 months after
the date of the enactment of this Act.
''(f) Adjustment in Account.--If a conveyance of surface estate is
made to Alexander Creek pursuant to subsection (e), the Alexander Creek
account shall be reduced by the amount of the actual acres conveyed
multiplied by the average value per acre of the surface acres appraised
under subsection (g). If a conveyance of subsurface estate is made to
the Region pursuant to subsection (d), the CIRI Property Account shall
be reduced by the amount of the actual acres conveyed multiplied by the
average value per acre of the subsurface acres appraised under
subsection (g).
''(g) Appraisal.--(1)(A) Subject to subsection (d)(2), the
Secretary shall determine the amount to be deposited into the Alexander
Creek and CIRI Property accounts by separately appraising, on a
reasonable basis, based on all available evidence, the fair market
value, as of the date of the enactment of this section, of the surface
and subsurface of each section selected as a separate parcel and
considering that 'public interest' use may be the highest and best use
of such parcels.
''(B) Alexander Creek and the Region shall each have the
opportunity to present evidence of value to the Secretary solely with
respect to the respective estates involved, comprising surface estate
for Alexander Creek and subsurface estate for the Region. The Secretary
shall provide Alexander Creek and the Region with a preliminary draft
of the appraisal. Alexander Creek and the Region shall have a
reasonable and sufficient opportunity to comment on the appraisal.
''(2) The Secretary shall forward a certified copy of the appraisal
of their separate and respective estates each to Alexander Creek, and
the Region.
''(h) Implementation.--(1) Alexander Creek may assign to any person
or corporation without restriction any or all of the Alexander Creek
account upon written notification to the Secretary of the Treasury and
the Secretary of the Interior. In the event that such an assignment is
made to the Region, on notice from Alexander Creek to the Secretary of
the Treasury and the Secretary of the Interior, and subject to the
written consent of the Region in its sole and absolute discretion, the
amount of such assignment shall be added to or made a part of the CIRI
Property Account, and may be used in the same manner as other funds in
that account.
''(2) Except for such lands as Alexander Creek has received prior
to enactment of this section, and such lands it is entitled to recover
as a Group Corporation, upon completion by the Secretary of the
Interior of the appraisal process pursuant to subsection (g), and
notification to the Secretary from Alexander Creek that Alexander Creek
accepts the results of the appraisal process, Alexander Creek shall be
deemed to have accepted the terms of this section in lieu of any other
land entitlement it could have received as a village pursuant to this
Act, including, without limitation, any lands it would have received
pursuant to section 12(b). Such acceptance shall satisfy all claims
Alexander Creek had or may have had against the United States on the
date of the enactment of this section.
''(3) Any land acquired by Alexander Creek with funds from the
Alexander Creek account shall be deemed to be a conveyance pursuant to
this Act.
''(i) Treatment of Amounts From the Alexander Creek Account.--The
Secretary of the Treasury and the heads of agencies shall administer
sales pursuant to this section in the same manner as is provided for
any other Native village authorized by law as of the date of the
enactment of this section (including the use of similar accounts for
bidding on and purchasing property sold for public sale).
''(j) Limitation on Agents' and Attorneys' Fees.--No more than 2.5
percent of payments received by or on behalf of Alexander Creek under
this section may be paid to or received by any agent or attorney for
services rendered in connection with obtaining such payment, any
contract to the contrary notwithstanding. Any person who violates this
subsection shall be guilty of a misdemeanor and shall be subject to a
fine in the amount provided in title 18, United States Code.
''(k) Shareholder Participation.--Alexander Creek shall notify each
member of the Native village recognized under this section that, upon
the effective date of this provision, such members shall cease to
receive benefits from the Region as at-large shareholders pursuant to
section 7(m), and that all future resource payments from the Region
shall be made to the Village Corporation pursuant to section 7(j). The
Region shall not be liable under any State, Federal or local law, or
under State or Federal common law, for damages arising out of or
related to the cessation of payments to such individuals under section
7(m) pursuant to this section.
''(l) Statutory Construction.--Nothing in this section shall be
construed to--
''(1) limit, alter, violate, breach, or otherwise affect
the rights of any party under a contract, settlement agreement,
or land exchange entered into prior to enactment of this
section between Alexander Creek and any party, or one or more
parties to any contract, settlement, agreement, or land
exchange predicated upon Alexander Creek's Native village
status under this Act; or
''(2) diminish, reduce, or modify the acreage entitlement
to which Alexander Creek became entitled to as a Group
Corporation.''.

Ex Output:
Amends the Alaska Native Claims Settlement Act (ANCSA) to recognize the village of Alexander Creek, Alaska, as eligible for land and benefits under the Act, notwithstanding specified provisions of the Alaska National Interest Lands Conservation Act.

Establishes in the Treasury the Alexander Creek account and makes the account's funds available to Alexander Creek Incorporated for purchasing property sold at public sale. Increases the existing CIRI Property Account's balance by the subsurface value of Alexander Creek's selections.

Directs the Secretary of the Interior to negotiate for a land exchange to acquire the surface estate in lands not in any conservation system unit from Alaska or the Mantanuska-Susitna Borough to enable Alexander Creek to obtain additional public lands in Alexander Creek's original withdrawal area in Alaska.

Requires the subsurface estate to the lands conveyed to Alexander Creek to be conveyed to CIRI.

Deems Alexander Creek, on completion (and acceptance by Alexander Creek) of an appraisal, to have accepted the terms of this Act in lieu of any other land entitlement it could have received as a village under ANCSA. Requires that such acceptance satisfy all claims of Alexander Creek against the United States.

Requires Alexander Creek to notify each Alexander Creek member that the members will cease to receive benefits from CIRI as at-large shareholders and that all future resource payments from the Region will be made to the Village Corporation. Relieves CIRI from liability under any state, federal, or local law for damages related to that payment cessation.

Ex Input:
SECTION 1. SHORT TITLE.

This Act may be cited as the ''Networking Electronically To Connect
Our Police Act of 2001'' or the ''NET COP Act''.

SEC. 2. FINDINGS; PURPOSES.

(a) Findings.--Congress finds that--
(1) Internet-based crime-fighting, investigatory, and
information-sharing technologies have proven to be extremely
useful to the law enforcement agencies that use them;
(2) the sharing of information and the dissemination of
criminal intelligence between and among Federal, State, and
local law enforcement agencies benefit the society at large by
making criminal investigations more inclusive and effective;
(3) the sharing of information between and among Federal,
State, and local law enforcement agencies allows these agencies
to find missing, neglected, abused, or abducted children, as
well as non-custodial parents seeking to evade their legal or
financial responsibilities; and
(4) police departments in rural areas of the country tend
to be underserved by these Internet-based technologies.
(b) Purposes.--The purposes of this Act are--
(1) to authorize the Department of Justice to make grants
to rural police departments for the purchase or upgrade of
computer equipment, and to pay for Internet access for crime-
fighting, investigatory, or information-sharing purposes;
(2) to reimburse police department officials or members
who, acting on behalf of their rural police departments and
using personal funds, have purchased computer equipment or paid
for Internet access for crime-fighting, investigatory, or
information-sharing purposes; and
(3) to require annual reports to Congress on the
concentration of police departments that have Internet access,
particularly those departments serving rural areas.

SEC. 3. GRANTS AUTHORIZED.

The Attorney General is authorized to award grants to rural police
departments to--
(1) enable those departments to gain access to the various
crime-fighting, investigatory, and information sharing
resources available on the Internet; and
(2) reimburse rural police department officials and members
for the cost of computer equipment or Internet access.

SEC. 4. USE OF FUNDS.

Grants awarded under this Act may be used--
(1) for the purchase of new or upgraded computer hardware
or software;
(2) to pay for Internet access; and
(3) to reimburse rural police departments that have paid
for computer equipment or Internet access out of the funds of
the department or department official or members, for some or
all of the costs associated with those purchases, as determined
by the Attorney General.

SEC. 5. APPLICATION.

Each eligible rural police department that desires a grant under
this Act shall submit an application to the Attorney General at such
time, in such manner, and accompanied by such information as the
Attorney General may reasonably require.

SEC. 6. GRANT PROGRAM CRITERIA.

(a) In General.--In awarding a grant under this Act, the Attorney
General shall--
(1) set criteria for determining which police departments
are currently underserved by crime-fighting, investigatory, or
information-sharing technologies available on the Internet, by
differentiating between police departments that do not have
Internet access, and those departments that have access but are
using outmoded, obsolete, or otherwise inadequate technology;
and
(2) determine what would constitute the minimum feasible
package of technologies required to enable those police
departments to use existing crime-fighting, investigatory, and
information-sharing technologies.
(b) Grant Limitations.--The Attorney General shall set limits for
maximum annual grants, based on determinations made under subsection
(a), for rural police departments that do not have Internet access, and
for those that do have access but are using inadequate technology.

SEC. 7. POLICE DEPARTMENT TECHNOLOGY ASSISTANCE DESK.

The Attorney General shall establish a Police Department Technology
Assistance Desk to offer advice to chiefs of police in rural police
departments regarding--
(1) the types of products to buy in order to achieve not
less than a minimum level of Internet service to access
existing crime-fighting, investigatory, and information-sharing
technologies; and
(2) technology upgrades for those police departments in
possession of outmoded or obsolete technology;
(3) preferred vendors; and
(4) any other information the Attorney General determines
to be necessary.

SEC. 8. REPORT TO CONGRESS.

The General Accounting Office, in consultation with the Attorney
General, shall annually report to Congress on the concentration of
police departments in the country that have Internet access, with
particular emphasis on the number and percentage of rural police
departments that lack Internet access, especially high-speed Internet
access.

SEC. 9. AUTHORIZATION OF APPROPRIATIONS.

There is authorized to be appropriated $500,000,000 for each of
fiscal years 2002 through 2007 to carry out this Act.

Ex Output:
Networking Electronically To Connect Our Police Act of 2001 or NET COP Act - Authorizes the Attorney General to award grants to rural police departments to: (1) enable those departments to gain access to the various crime-fighting, investigatory, and information sharing resources available on the Internet; and (2) reimburse rural police department officials and members for the cost of computer equipment or Internet access.Allows grants awarded to be used: (1) for the purchase of new or upgraded computer hardware or software; (2) to pay for Internet access; and (3) to reimburse rural police departments that have paid for computer equipment or Internet access out of the funds of the department or department officials or members for some or all of the costs associated with those purchases, as determined by the Attorney General.Sets forth provisions regarding grant application requirements and grant program criteria.Directs the Attorney General to establish a Police Department Technology Assistance Desk to offer advice to chiefs of police in rural police departments.

Ex Input:
SECTION 1. SHORT TITLE.

This Act may be cited as the ''Cheyenne River Sioux Tribe Equitable
Compensation Amendments Act of 2006''.

SEC. 2. FINDINGS.

(a) Findings.--Congress finds that--
(1) the Pick-Sloan Missouri River Basin program, authorized
by section 9 of the Act of December 22, 1944 (commonly known as
the ''Flood Control Act of 1944'') (58 Stat. 891), was intended
to promote the general economic development of the United
States;
(2) the Oahe Dam and Reservoir Project--
(A) is a major component of the Pick-Sloan Missouri
River Basin program; and
(B) contributes to the national economy;
(3) the Oahe Dam and Reservoir Project flooded the fertile
bottom land of the Cheyenne River Sioux Reservation, which
greatly damaged the economy and cultural resources of the
Cheyenne River Sioux Tribe and caused the loss of many homes
and communities of members of the Tribe;
(4) Congress has provided compensation to several Indian
tribes, including the Cheyenne River Sioux Tribe, that border
the Missouri River and suffered injury as a result of 1 or more
of the Pick-Sloan projects;
(5) on determining that the compensation paid to the
Cheyenne River Sioux Tribe was inadequate, Congress enacted the
Cheyenne River Sioux Tribe Equitable Compensation Act (Public
Law 106-511; 114 Stat. 2365), which created the Cheyenne River
Sioux Tribal Recovery Trust Fund; and
(6) that Act did not provide for additional compensation to
members of the Cheyenne River Sioux Tribe that lost land as a
result of the Oahe Dam and Reservoir Project.
(b) Purposes.--The purposes of this Act are--
(1) to provide that the Cheyenne River Sioux Tribal
Recovery Trust Fund may be used to provide compensation to
members of the Cheyenne River Sioux Tribe that lost land as a
result of the Oahe Dam and Reservoir Project; and
(2) to provide for the capitalization of the Cheyenne River
Sioux Tribal Recovery Trust Fund.

SEC. 3. CHEYENNE RIVER SIOUX TRIBE EQUITABLE COMPENSATION.

(a) Findings and Purposes.--Section 102 of the Cheyenne River Sioux
Tribe Equitable Compensation Act (Public Law 106-511; 114 Stat. 2365)
is amended--
(1) in subsection (a)(3), by striking subparagraphs (A) and
(B) and inserting the following:
''(A) the United States did not justly or fairly
compensate the Tribe and member landowners for the Oahe
Dam and Reservation project, under which the United
States acquired 104,492 acres of land of the Tribe and
member landowners; and
''(B) the Tribe and member landowners should be
adequately compensated for that land;''; and
(2) in subsection (b)(1), by inserting ''and member
landowners'' after ''Tribe'' each place it appears.
(b) Definitions.--Section 103 of the Cheyenne River Sioux Tribe
Equitable Compensation Act (Public Law 106-511; 114 Stat. 2365) is
amended--
(1) by redesignating paragraph (1) as paragraph (3) and
moving the paragraph so as to appear after paragraph (2); and
(2) by inserting before paragraph (2) the following:
''(1) Member landowner.--The term 'member landowner' means
a member of the Tribe (or an heir of such a member) that owned
land (including land allotted under the Act of February 8, 1887
(24 Stat. 388, chapter 119)) located on the Cheyenne River
Sioux Reservation that was acquired by the United States for
the Oahe Dam and Reservoir Project.''.
(c) Cheyenne River Sioux Tribal Recovery Trust Fund.--Section 104
of the Cheyenne River Sioux Tribe Equitable Compensation Act (Public
Law 106-511; 114 Stat. 2365) is amended--
(1) by striking subsection (b) and inserting the following:
''(b) Funding.--On the first day of the fiscal year beginning after
the date of enactment of the Cheyenne River Sioux Tribe Equitable
Compensation Amendments Act of 2006 and on the first day of each of the
following 4 fiscal years (referred to in this section as the
'capitalization dates'), the Secretary of the Treasury shall deposit
into the Fund, from amounts in the general fund of the Treasury--
''(1) $58,144,591.60; and
''(2) an additional amount equal to the amount of interest
that would have accrued if--
''(A) the amount described in paragraph (1) had
been--
''(i) credited to the principal account as
described in subsection (c)(2)(B)(i)(I) on the
first day of the fiscal year beginning October
1, 2001; and
''(ii) invested as described in subsection
(c)(2)(C) during the period beginning on the
date described in clause (i) and ending on the
last day of the fiscal year before the fiscal
year in which that amount is deposited into the
Fund; and
''(B) the interest that would have accrued under
subparagraph (A) during the period described in
subparagraph (A)(ii) had been--
''(i) credited to the interest account
under subsection (c)(2)(B)(ii); and
''(ii) invested during that period in
accordance with subsection (c)(2)(D)(i).'';
(2) by striking subsection (c) and inserting the following:
''(c) Investments.--
''(1) Eligible obligations.--Notwithstanding any other
provision of law, the Secretary of the Treasury shall invest
the Fund only in interest-bearing obligations of the United
States issued directly to the Fund.
''(2) Investment requirements.--
''(A) In general.--The Secretary of the Treasury
shall invest the Fund in accordance with this
paragraph.
''(B) Separate investments of principal and
interest.--
''(i) Principal account.--The amounts
deposited into the Fund under subsection (b)(1)
shall be--
''(I) credited to a principal
account within the Fund (referred to in
this paragraph as the 'principal
account'); and
''(II) invested in accordance with
subparagraph (C).
''(ii) Interest account.--
''(I) In general.--The interest
earned from investing amounts in the
principal account shall be--
''(aa) transferred to a
separate interest account
within the Fund (referred to in
this paragraph as the 'interest
account'); and
''(bb) invested in
accordance with subparagraph
(D).
''(II) Crediting.--The interest
earned from investing amounts in the
interest account, and the amounts
deposited into the Fund under
subsection (b)(2), shall be credited to
the interest account.
''(C) Investment of principal account.--
''(i) Initial investment.--Amounts in the
principal account shall be initially invested
in eligible obligations with the shortest
available maturity.
''(ii) Subsequent investments.--
''(I) In general.--On the date on
which the amount in the principal
account is divisible into 3
substantially equal portions, each
portion shall be invested in eligible
obligations that are identical (except
for transferability) to the next-issued
publicly-issued Treasury obligations
having a 2-year maturity, a 5-year
maturity, and a 10-year maturity,
respectively.
''(II) Maturity of obligations.--As
each 2-year, 5-year, and 10-year
eligible obligation under subclause (I)
matures, the principal of the maturing
eligible obligation shall be initially
invested in accordance with clause (i)
until the date on which the principal
is reinvested substantially equally in
the eligible obligations that are
identical (except for transferability)
to the next-issued publicly-issued
Treasury obligations having 2-year, 5-
year, and 10-year maturities.
''(iii) Discontinuation of issuance of
obligations.--If the Department of the Treasury
discontinues issuing to the public obligations
having 2-year, 5-year, or 10-year maturities,
the principal of any maturing eligible
obligation shall be reinvested substantially
equally in available eligible obligations that
are identical (except for transferability) to
the next-issued publicly-issued Treasury
obligations with maturities of longer than 1
year.
''(D) Investment of interest account.--
''(i) Before each capitalization date.--For
purposes of subsection (b)(2)(B), amounts
considered as if they were in the interest
account of the Fund shall be invested in
eligible obligations that are identical (except
for transferability) to publicly-issued
Treasury obligations that have maturities that
coincide, to the greatest extent practicable,
with the applicable capitalization date for the
Fund.
''(ii) On and after each capitalization
date.--On and after each capitalization date,
amounts in the interest account shall be
invested and reinvested in eligible obligations
that are identical (except for transferability)
to publicly-issued Treasury obligations that
have maturities that coincide, to the greatest
extent practicable, with the date on which the
amounts will be withdrawn by the Secretary of
the Treasury and transferred to the Secretary
of the Interior for use in accordance with
subsection (d).
''(E) Par purchase price.--
''(i) In general.--To preserve in
perpetuity the amount in the principal account,
the purchase price of an eligible obligation
purchased as an investment of the principal
account shall not exceed the par value of the
obligation.
''(ii) Treatment.--At the maturity of an
eligible obligation described in clause (i),
any discount from par in the purchase price of
the eligible obligation shall be treated as
interest paid at maturity.
''(F) Holding to maturity.--Eligible obligations
purchased pursuant to this paragraph shall be held to
their maturities.
''(3) Annual review of investment activities.--Not less
frequently than once each calendar year, the Secretary of the
Treasury shall review with the Tribe the results of the
investment activities and financial status of the Fund during
the preceding calendar year.
''(4) Modifications.--
''(A) In general.--If the Secretary of the Treasury
determines that investing the Fund in accordance with
paragraph (2) is not practicable or would result in
adverse consequences to the Fund, the Secretary of the
Treasury shall modify the requirements to the least
extent necessary, as determined by the Secretary of the
Treasury.
''(B) Consultation.--Before making a modification
under subparagraph (A), the Secretary of the Treasury
shall consult with the Tribe with respect to the
modification.'';
(3) in subsection (d), by striking paragraph (1) and
inserting the following:
''(1) Withdrawal of interest.--Beginning on the first day
of the fiscal year beginning after the date of enactment of the
Cheyenne River Sioux Tribe Equitable Compensation Amendments
Act of 2006, and on the first day of each fiscal year
thereafter, the Secretary of the Treasury shall withdraw and
transfer all funds in the interest account of the Fund to the
Secretary of the Interior for use in accordance with paragraph
(2), to be available without fiscal year limitation.''; and
(4) in subsection (f)--
(A) by redesignating paragraphs (3) and (4) as
paragraphs (4) and (5), respectively; and
(B) by inserting after paragraph (2) the following:
''(3) Member landowners.--
''(A) Additional compensation.--
''(i) In general.--Except as provided in
clause (iii), the plan may provide for the
payment of additional compensation to member
landowners for acquisition of land by the
United States for use in the Oahe Dam and
Reservoir Project.
''(ii) Determination of heirs.--An heir of
a member landowner shall be determined in
accordance with the probate code governing the
estate of the member landowner.
''(iii) Exception.--During any fiscal year,
payments of additional compensation to a member
landowner under clause (i) shall not--
''(I) be deposited or transferred
into--
''(aa) the Individual
Indian Money account of the
member landowner; or
''(bb) any other fund held
by the United States on behalf
of the member landowner; or
''(II) exceed an amount equal to
44.3 percent of the amount transferred
by the Secretary of the Interior to the
Tribe under paragraph (2).
''(B) Provision of records.--To assist the Tribe in
processing claims of heirs of member landowners for
land acquired by the United States for use in the Oahe
Dam and Reservoir Project, the Secretary of the
Interior shall provide to the Tribe, in accordance with
applicable laws (including regulations), any record
requested by the Tribe to identify the heirs of member
landowners by the date that is 90 days after the date
of receipt of a request from the Tribe.''.
(d) Eligibility of Tribe for Certain Programs and Services.--
Section 105 of the Cheyenne River Sioux Tribe Equitable Compensation
Act (Public Law 106-511; 114 Stat. 2365) is amended in the matter
preceding paragraph (1) by inserting ''or any member landowner'' after
''Tribe''.
(e) Extinguishment of Claims.--Section 107 of the Cheyenne River
Sioux Tribe Equitable Compensation Act (Public Law 106-511; 114 Stat.
2368) is amended to read as follows:

''SEC. 107. EXTINGUISHMENT OF CLAIMS.

''(a) In General.--On the date on which the final payment is
deposited into the Fund under section 104(b), all monetary claims that
the Tribe has or may have against the United States for the taking by
the United States of land and property of the Tribe for the Oahe Dam
and Reservoir Project of the Pick-Sloan Missouri River Basin program
shall be extinguished.
''(b) Effect of Acceptance of Payment.--On acceptance by a member
landowner or an heir of a member landowner of any payment by the Tribe
for damages resulting from the taking by the United States of land or
property of the Tribe for the Oahe Dam and Reservoir Project of the
Pick-Sloan Missouri River Basin program, all monetary claims that the
member landowner or heir has or may have against the United States for
the taking shall be extinguished.''.

Passed the Senate December 7, 2006.

Attest:

Secretary.
109th CONGRESS

2d Session

S. 1535

_______________________________________________________________________

AN ACT

To amend the Cheyenne River Sioux Tribe Equitable Compensation Act to
provide compensation to members of the Cheyenne River Sioux Tribe for
damage resulting from the Oahe Dam and Reservoir Project, and for other
purposes.

Ex Output:
Cheyenne River Sioux Tribe Equitable Compensation Amendments Act of 2006 - Amends the Cheyenne River Sioux Tribe Equitable Compensation Act to make member landowners eligible for the additional financial compensation provided to the Cheyenne River Sioux Tribe for the acquisition by the federal government of 104,492 acres of land of the Tribe and member landowners for the Oahe Dam and Reservoir project. Defines member landowner as a member of the Tribe (or an heir of such a member) that owned land on the Cheyenne River Sioux Reservation that was acquired by the United States for the Oahe Dam and Reservoir Project of the Pick-Sloan Missouri River Basin program.

Directs the Secretary of the Treasury to make five annual deposits into the Cheyenne River Sioux Tribal Recovery Trust Fund of: (1) $58,144,591.60; and (2) an additional amount equal to the interest that would have accrued under certain circumstances.

Directs the Secretary to invest the Fund only in interest-bearing obligations of the United States according to specified requirements, including separate investments of principal and interest from two separate accounts within the Tribal Recovery Trust Fund.

Authorizes the plan prepared for the use of payments to the Tribe to provide for payment of additional compensation to member landowners; except that payments of additional compensation shall not be deposited or transferred into any member landowner's Individual Indian Money account, and shall not exceed an amount equal to 44.3% of the amount transferred by the Secretary of the Interior to the Tribe.

Requires the Secretary of the Interior to assist the Tribe in claims processing by providing any record requested to identify the heirs of member landowners within 90 days after receiving a request.

Declares that, upon deposit of the final payment into the Fund, all claims that the Tribe has or may have against the United States for the taking of tribal land or property for the Project shall be extinguished.