Washington : Government Printing Office
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Public Law | Indians, Confederated Tribes of the Colville Reservation. Judgment funds, distribution. |
Sec. 3 | Tax exemptions. |
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the funds which have been or may be deposited in the Treasury of the United States to pay a judgment of the Indian Claims Commission dated September 7, 1967, in dockets numbered 181-A and 181-B, and the interest on said funds, after payment of attorney fees and expenses, shall be credited to the account of the Confederated Tribes of the Colville Reservation and the Secretary of the Interior is authorized and directed to make a per capita distribution from such funds of a sum no more than $550, to the extent that such funds are available, to each person born on or prior to and living on the date of this Act who meets the requirements for membership in the Confederated Tribes of the Colville Reservation. The balance of such funds, and the interest thereon, shall be combined and distributed with any other tribal funds that may hereafter become available for per capita distribution.
Sums payable to persons or their heirs or legatees who are less than twenty-one years of age or who are under a legal disability shall be paid in accordance with such procedure as the Secretary, after consultation with the tribal governing body, determines will adequately protect their best interests.
The funds distributed under the provisions of this Act shall not be subject to Federal or State income taxes.
The Secretary of the Interior is authorized to prescribe rules and regulations to carry out the provisions of this Act.
Approved, September 28, 1968.