HR 976 -- 09/08/97

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HR 976 -- 09/08/97 OMB Home EXECUTIVE OFFICE OF THE PRESIDENT
OFFICE OF MANAGEMENT AND BUDGET
WASHINGTON, D.C. 20503

STATEMENT OF ADMINISTRATION POLICY
(THIS STATEMENT HAS BEEN COORDINATED BY OMB
WITH THE CONCERNED AGENCIES.)

September 8, 1997
(House)

H.R. 976 - Mississippi Sioux Tribes Judgment Fund
Distribution Act of 1997
(Hill (R) MT)

The Administration opposes H.R. 976, which would amend the distribution plan for judgment funds for the lineal descendants of the Sisseton and Wahpeton Tribes of Sioux Indians in the Dakotas and Montana.

H.R. 976 would make lineal descendants eligible to receive only the principal amount of the judgment funds (approximately $1.47 million) originally set aside for distribution to them in 1972. Under H.R. 976, the substantial interest from these judgment funds (approximately $14 million) would not be distributed to the lineal descendants but, instead, would go to three tribal governing bodies. These tribal entities have already received their share of the original judgment funds. This bill would unfairly and inappropriately reallocate the interest on judgment funds 25 years after Congress set forth the funds distribution scheme in the Mississippi Sioux Tribes Distribution of Judgment Fund Act of 1972.

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H.R. 976 - Mississippi Sioux Tribes Judgment Fund Distribution Act of 1997 (Hill (R) MT)

H.R. 976 - Mississippi Sioux Tribes Judgment Fund
Distribution Act of 1997
(Hill (R) MT)