Page:United States Statutes at Large Volume 108 Part 6.djvu/73

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PUBLIC LAW 103-444 —NOV. 2, 1994 108 STAT. 4641 (2) The Settlement Agreement is approved and executed by the Crow Tribe. (3) The Settlement Agreement and the releases and waivers required by section 5 are approved and duly executed by the Crow Tribe in accordance with the requirements and procedures set forth in the constitution of the Crow Tribe. (4) The Settlement Agreement becomes effective in accordance with the terms and conditions specified in the Settlement Agreement. (b) APPROVAL OF RELEASES AND WAIVERS.— The United States hereby approves and confirms the releases and waivers required by section 5. SEC. 10. ESCROW FUNDS. 25 USC 1776h. (a) IN GENERAL. —As soon as practicable after the date of enactment of this Act, the Secretary shall make distributions from the 107th meridian escrow fund as follows: (1) One-half of the fund shall be distributed to the Crow Tribe. (2) One-half of the fund shall be distributed to the Northern Cheyenne Tribe. (3) The receipt and acceptance by a tribe of funds distributed under this section shall be deemed to be— (A) a disclaimer, relinquishment and waiver by such tribe of all right, claim or interest in the 107th meridian escrow fund; and (B) a release by such tribe of all persons and entities, including the United States, from any liability arising from, or related to, the establishment and administration of the 107th meridian escrow fund. (b) ESTABLISHMENT OF SUSPENSION ACCOUNTS.—As soon as practicable after the Settlement Agreement is executed and approved pursuant to this Act, the Secretary of the Treasury shall establish in the Treasury of the United States two interest bearing accounts to be known respectively as the "Crow Tribal Suspension Account" and the "Northern Cheyenne Tribal Suspension Account" (collectively referred to in this subsection as the "Suspension Accounts"), consisting of— (1) such amounts as are transferred to the Suspension Accounts under subsection (c); and (2) any interest earned on investments of amounts in the Suspension Accounts under subsection (e). (c) CONTRIBUTIONS TO THE SUSPENSION ACCOUNTS. — (1) IN GENERAI..—Beginning with fiscal year 1995, and ending on the date on which the total amount deposited pursuant to this subsection into the Suspension Accounts is equal to $200,000 for each such account (as specified in subsection (d)), the Secretary and the Secretary of the Treasury shall make necessary and proper arrangements for the monthly pay- ment, transfer, or deposit (or any combination thereof) into each of the Suspension Accounts of an amount equal to onehalf of the royalties received and retained by the United States for the immediately preceding month, as determined in accordance with section 6(b)(1), by the date specified under section 6(b)(3). (2) SUBSEQUENT DEPOSITS.—At such time as the amount deposited pursuant to this subsection into the Suspension