§ 500g. — Distribution of reindeer, property, and profits to natives.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 25USC500g]
TITLE 25--INDIANS
CHAPTER 14--MISCELLANEOUS
SUBCHAPTER VII--REINDEER INDUSTRY
Sec. 500g. Distribution of reindeer, property, and profits to
natives
The Secretary of the Interior is authorized to distribute the
reindeer and other property acquired by the United States under this
subchapter among the Eskimos or other natives of Alaska, or to
corporations, associations, or organizations of said natives, either in
the form of gifts or under such conditions as the Secretary of the
Interior may prescribe, and to execute and deliver appropriate
instruments of title, or to hold and use the same in trust for the use
and benefit of said natives, with a view of effecting the widest
possible distribution of such reindeer and other property among those
natives of Alaska who are in need thereof and who can make proper use of
the same: Provided, That during the period of the trust, income derived
directly from the sale of reindeer and reindeer products as provided in
this subchapter shall be exempt from Federal income taxation. The
Secretary of the Interior may from time to time, in such manner as he
determines to be proper for effectuating the purposes of this
subchapter, distribute among those of said natives or corporations,
associations, or other organizations of said natives, who are engaged in
said industry or business or for whose subsistence reindeer are
necessary, whatever profits may be earned by that part of the industry
or business which is owned by the United States and which may, in the
judgment of the Secretary of the Interior, be distributed in accordance
with sound business practice.
(Sept. 1, 1937, ch. 897, Sec. 8, 50 Stat. 901; Pub. L. 99-514, title
XVII, Sec. 1709(a), Oct. 22, 1986, 100 Stat. 2783.)
Codification
Section was formerly classified to section 250g of Title 48,
Territories and Insular Possessions.
Amendments
1986--Pub. L. 99-514 inserted proviso directing that during the
period of the trust, income derived directly from the sale of reindeer
and reindeer products as provided in this subchapter shall be exempt
from Federal income taxation.
Effective Date of 1986 Amendment
Section 1709(b) of Pub. L. 99-514 provided that: ``The amendment
made by this section [amending this section] shall take effect as if
originally included in the provision of the Act of September 1, 1937, to
which such amendment relates.''
