§ 1300i-3. — HoopaYurok Settlement Fund.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 25USC1300i-3]
TITLE 25--INDIANS
CHAPTER 14--MISCELLANEOUS
SUBCHAPTER LXXX--HOOPA-YUROK SETTLEMENT
Sec. 1300i-3. Hoopa-Yurok Settlement Fund
(a) Establishment
(1) There is hereby established the Hoopa-Yurok Settlement Fund.
Upon enactment of this subchapter, the Secretary shall cause all the
funds in the escrow funds, together with all accrued income thereon, to
be deposited into the Settlement Fund.
(2) Until the distribution is made to the Hoopa Valley Tribe
pursuant to section \1\ (c), the Secretary may distribute to the Hoopa
Valley Tribe, pursuant to section 123c of this title, not to exceed
$3,500,000 each fiscal year out of the income or principal of the
Settlement Fund for tribal, non per capita purposes: Provided, however,
That the Settlement Fund apportioned under subsections (c) and (d) of
this section shall be calculated without regard to this subparagraph,
but any amounts distributed under this subparagraph shall be deducted
from the payment to the Hoopa Valley Tribe pursuant to subsection (c) of
this section.
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\1\ So in original. Probably should be ``subsection''.
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(3) Until the distribution is made to the Yurok Tribe pursuant to
section \1\ (d), the Secretary may, in addition to providing Federal
funding, distribute to the Yurok Transition Team, pursuant to section
123c of this title, not to exceed $500,000 each fiscal year out of the
income and principal of the Settlement Fund for tribal, non per capita
purposes: Provided, however, That the Settlement Fund apportioned under
subsections (c) and (d) of this section shall be calculated without
regard to this subparagraph, but any amounts distributed under this
subparagraph shall be deducted from the payment to the Yurok Tribe
pursuant to subsection (d) of this section.
(b) Distribution; investment
The Secretary shall make distribution from the Settlement Fund as
provided in this subchapter and, pending payments under section 1300i-5
of this title and dissolution of the fund as provided in section 1300i-6
of this title, shall invest and administer such fund as Indian trust
funds pursuant to section 162a of this title.
(c) Hoopa Valley Tribe portion
Effective with the publication of the option election date pursuant
to section 1300i-5(a)(4) of this title, the Secretary shall immediately
pay out of the Settlement Fund into a trust account for the benefit of
the Hoopa Valley Tribe a percentage of the Settlement Fund which shall
be determined by dividing the number of enrolled members of the Hoopa
Valley Tribe as of the date of the promulgation of the Settlement Roll,
including any persons enrolled pursuant to section 1300i-5 of this
title, by the sum of the number of such enrolled Hoopa Valley tribal
members and the number of persons on the Settlement Roll.
(d) Yurok Tribe portion
Effective with the publication of the option election date pursuant
to section 1300i-5(a)(4) of this title, the Secretary shall pay out of
the Settlement Fund into a trust account for the benefit of the Yurok
Tribe a percentage of the Settlement Fund which shall be determined by
dividing the number of persons on the Settlement Roll electing the Yurok
Tribal Membership Option pursuant to section 1300i-5(c) of this title by
the sum of the number of the enrolled Hoopa Valley tribal members
established pursuant to subsection (c) of this section and the number of
persons on the Settlement Roll, less any amount paid out of the
Settlement Fund pursuant to section 1300i-5(c)(3) of this title.
(e) Federal share
There is hereby authorized to be appropriated the sum of $10,000,000
which shall be deposited into the Settlement Fund after the payments are
made pursuant to subsections (c) and (d) of this section and section
1300i-5(c) of this title. The Settlement Fund, including the amount
deposited pursuant to this subsection and all income earned subsequent
to the payments made pursuant to subsections (c) and (d) of this section
and section 1300i-5(c) of this title, shall be available to make the
payments authorized by section 1300i-5(d) of this title.
(Pub. L. 100-580, Sec. 4, Oct. 31, 1988, 102 Stat. 2927.)
Section Referred to in Other Sections
This section is referred to in sections 1300i, 1300i-1, 1300i-4,
1300i-6 of this title.
