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§ 876. —  Advances or expenditures from tribal funds; tax exemption.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 25USC876]

 
                            TITLE 25--INDIANS
 
                        CHAPTER 14--MISCELLANEOUS
 
             SUBCHAPTER XXXVIII--OTOE AND MISSOURIA INDIANS
 
Sec. 876. Advances or expenditures from tribal funds; tax 
        exemption
        
    The unexpended balance of funds on deposit in the Treasury of the 
United States to the credit of the Otoe and Missouria Tribe of Indians 
that were appropriated by the Act of June 9, 1964, to pay a judgment by 
the Indian Claims Commission in docket numbered 11-A, and the interest 
thereon, less payment of attorney fees and expenses, may be advanced or 
expended for any purpose that is authorized by the tribal governing body 
and approved by the Secretary of the Interior. Any part of such funds 
that may be distributed to the members of the tribe shall not be subject 
to Federal or State income taxes. The sum of $150,000, and any accrued 
interest thereon, shall be held in the United States Treasury pending 
final determination of the Yankton Sioux claim in docket numbered 332-A. 
Any portion of such sum that is determined to belong to the Otoe and 
Missouria Tribe shall thereupon become subject to the foregoing 
provisions of this section.

(Pub. L. 89-661, Oct. 14, 1966, 80 Stat. 911.)

                       References in Text

    Act of June 9, 1964, referred to in text, is Pub. L. 88-317, June 9, 
1964, 78 Stat. 204, which was not classified to the Code.
    The Indian Claims Commission, referred to in text, terminated Sept. 
30, 1978. See Codification note set out under former section 70 et seq. 
of this title.

                          Codification

    Section was not enacted as part of Pub. L. 85-395, May 9, 1958, 72 
Stat. 105, which comprises this subchapter.



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