
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 25USC1773d]

 
                            TITLE 25--INDIANS
 
               CHAPTER 19--INDIAN LAND CLAIMS SETTLEMENTS
 
   SUBCHAPTER VII--WASHINGTON INDIAN (PUYALLUP) LAND CLAIMS SETTLEMENT
 
Sec. 1773d. Funds to members of Puyallup Tribe


(a) Payment to individual members

    (1) To the extent provided in advance in appropriation Acts or to 
the extent funds are provided by other parties to the Settlement 
Agreement, the Secretary shall place with a financial institution the 
amount of $24,000,000 in an annuity fund or other investment program 
(hereafter in this subsection referred to as the ``fund''). The 
selection of the institution or institutions where the funds will be 
held and the administration of the funds shall be in accordance with 
section II of the Settlement Agreement and documents 2 and 3 of the 
Technical Documents. Amounts earned pursuant to any investment of the 
fund shall be added to, and become part of, the fund.
    (2) Upon attaining the age of 21 years, each enrolled member of the 
Tribe (determined by the Tribe pursuant to its constitution to have been 
a member as of the date of ratification of the Settlement Agreement by 
the Tribe) shall receive a one-time payment from the fund. The amount of 
such payment shall be determined in accordance with section II of the 
Settlement Agreement and document 2 of the Technical Documents.
    (3) A reasonable and customary fee for the administration of the 
fund may be paid out of the income earned by the fund to the financial 
institution with which the fund is established.
    (4) Upon payment to all eligible members of the Tribe pursuant to 
paragraph (2), any amount remaining in the fund shall be utilized in the 
manner determined by a vote of the members of the Tribe.
    (5) There is authorized to be appropriated $22,350,000 for the 
Federal share of the fund.

(b) Permanent trust fund for tribal members

    (1) In order to provide a permanent resource to enhance the ability 
of the Tribe to provide services to its members, there is established 
the Puyallup Tribe of Indians Settlement Trust Fund (hereafter in this 
subsection referred to as the ``trust fund'').
    (2) Upon appropriation by Congress or to the extent funds are 
provided by other parties to the Settlement Agreement, the Secretary 
shall deposit $22,000,000 into the trust fund. The trust fund shall be 
invested in accordance with section 162a of this title, so as to earn 
the maximum interest on principal and interest available under that 
section. No part of the $22,000,000 principal may be expended for any 
purpose. Income earned on the principal or interest of the trust fund 
shall be available for expenditure as provided in paragraph (3).
    (3)(A) The trust fund shall be administered and the funds shall be 
expended in accordance with section III of the Settlement Agreement and 
document 3 of the Technical Documents. Income from the trust fund may be 
used only for the following purposes unless modified in accordance with 
subparagraph (B):
        (i) Housing.
        (ii) Elderly needs.
        (iii) Burial and cemetery maintenance.
        (iv) Education and cultural preservation.
        (v) Supplemental health care.
        (vi) Day care.
        (vii) Other social services.

    (B) The purposes of the trust fund may be modified only as provided 
in document 3 of the Technical Documents.
    (4) The fund established under this subsection shall be in 
perpetuity and inviolate.
    (5) There is authorized to be appropriated $18,800,000 for the 
Federal share of the trust fund.

(Pub. L. 101-41, Sec. 6, June 21, 1989, 103 Stat. 86.)


Use of Funds To Fulfill Board of Trustees' Fiduciary and Administrative 
                            Responsibilities

    Pub. L. 102-154, title I, Nov. 13, 1991, 105 Stat. 1005, provided: 
``That income earned on funds appropriated by Public Law 101-121, 
October 23, 1989, 103 Stat. 701, 715[,] for the purposes of section 6(b) 
of the Puyallup Tribe of Indians Settlement Act of 1989, Public Law 101-
41, June 21, 1989, 103 Stat. 83 [25 U.S.C. 1773d(b)], may be utilized by 
the Permanent Trust Fund Board of Trustees to secure necessary and 
appropriate financial, auditing, accounting, insurance and other 
administrative services to fulfill the Board of Trustees' fiduciary and 
administrative responsibilities: Provided further, That no more than 5 
per centum of the income in any year may be utilized for such 
purposes''.
    Similar provisions were contained in the following prior 
appropriation act:
    Pub. L. 101-512, title I, Nov. 5, 1990, 104 Stat. 1931.

                  Section Referred to in Other Sections

    This section is referred to in section 1773h of this title.
