Page:United States Statutes at Large Volume 113 Part 3.djvu/268

From Wikisource
Jump to: navigation, search
This page needs to be proofread.


113 STAT. 1786 PUBLIC LAW 106-163—DEC. 9, 1999 (B) CREDITING OF AMOUNTS TO THE FUND.— The interest on, and the proceeds from the sale or redemption of, any obligations of the United States held in the Fund shall be credited to and form part of the Fund. The Secretary of the Treasury shall credit to each of the accounts contained in the Fund a proportionate amount of that interest and proceeds. (2) CERTAIN WITHDRAWN FUNDS.— (A) IN GENERAL. —Amounts withdrawn from the Fund and deposited in a private financial institution pursuant to a withdrawal plan approved by the Secretary under the American Indian Trust Fund Management Reform Act of 1994 (25 U.S.C. 4001 et seq.) shall be invested by an appropriate official under that plan. (B) DEPOSIT OF INTEREST AND PROCEEDS. — The interest on, and the proceeds from the sale or redemption of, any obligations held under this paragraph shall be deposited in the private financial institution referred to in subparagraph (A) in the fund established pursuant to the withdrawal plan referred to in that subparagraph. The appropriate official shall credit to each of the accounts contained in that fund a proportionate amount of that interest and proceeds. (e) AGREEMENT REGARDING FUND EXPENDITURES.—I f the Tribe does not exercise its right under subsection (a)(4) to withdraw the funds in the Fund and transfer those funds to a private financial institution, the Secretary shall enter into an agreement with the Tribe providing for appropriate terms and conditions, if any, on expenditures from the Fund in addition to the plans set forth in paragraphs (2) and (3) of subsection (c). (f) PER CAPITA DISTRIBUTIONS PROHIBITED. —No part of the Fund shall be distributed on a per capita basis to members of the Tribe. SEC. 105. AUTHORIZATION OF APPROPRIATIONS. (a) CHIPPEWA CREE FUND. — There is authorized to be appropriated for the Fund, $21,000,000 to be allocated by the Secretary as follows: (1) TRIBAL COMPACT ADMINISTRATION ACCOUNT.— For Tribal Compact Administration assumed by the Tribe under the Compact and this Act, $3,000,000 is authorized to be appropriated for fiscal year 2000. (2) ECONOMIC DEVELOPMENT ACCOUNT.—For tribal economic development, $3,000,000 is authorized to be appropriated for fiscal year 2000. (3) FUTURE WATER SUPPLY FACILITIES ACCOUNT.— For the total Federal contribution to the planning, design, construction, operation, maintenance, and rehabilitation of a future water supply system for the Reservation, there are authorized to be appropriated— (A) $2,000,000 for fiscal year 2000; (B) $8,000,000 for fiscal year 2001; and (C) $5,000,000 for fiscal year 2002. (b) ON-RESERVATION WATER DEVELOPMENT.—