3.0.0 1540 2023-01-15T06:17:46Z 2023-01-15T06:17:46Z Senate S S 2003-07-31 108 slia00 Indian Affairs Committee Senate Other Referred to 2003-08-01T01:42:50Z 2003-07-31 slia00 Indian Affairs Committee Senate Read twice and referred to the Committee on Indian Affairs. IntroReferral 2003-07-31 Sponsor introductory remarks on measure. (CR S10671) IntroReferral B00100 9 Library of Congress 2003-07-31 Introduced in Senate IntroReferral 10000 9 Library of Congress D000064 Sen. Daschle, Thomas A. [D-SD] THOMAS DASCHLE D SD ANDREW N Native Americans Accounting Auditing Congress Congressional reporting requirements Economics and Public Finance Energy Federal aid to Indians Federal-Indian relations Finance and Financial Sector Government trust funds Indian lands Law Mining leases Minorities Oil and gas leases Public Lands and Natural Resources Timber sales Trusts and trustees Native Americans 00 2003-07-31 Introduced in Senate 2004-03-09T17:42:05Z Indian Trust Payment Equity Act of 2003 - Requires the Secretary of the Interior for each of FY 2004 through 2008 to use $2 billion of the amounts in the Indian Trust Payment Equity Fund established by this Act to provide payments to Indian tribes for amounts owed by the United States to individual Indian money account holders as a result of mismanagement of the individual Indian money fund.

Authorizes the Secretary: (1) to enter into a contract with an Indian tribe under the Indian Self-Determination and Education Assistance Act, or amend such a contract, to provide funds to the Indian tribe from the Fund to assist it in performing audits of individual Indian money accounts in accordance with generally accepted Federal accounting standards; and (2) if the account holder accepts the results of an audit, to use amounts in the Fund as partial payment until a full accounting is satisfied.

Provides that nothing in this Act: (1) negates or otherwise affects the requirement of the Department of the Interior to complete the accounting; or (2) constitutes a settlement regarding any individual Indian money account or any civil action to compel an accounting and payment of amounts owed to such account holders.

Establishes the Indian Trust Payment Equity Fund in the Treasury to be used to carry out this Act, consisting of amounts appropriated under this Act.

]]> Indian Trust Payment Equity Act of 2003 Display Title Indian Trust Payment Equity Act of 2003 Official Title as Introduced A bill to provide for the payment of amounts owed to Indian tribes and individual Indian money account holders. Introduced in Senate IS Short Titles as Introduced Indian Trust Payment Equity Act of 2003 Introduced in Senate 2003-07-31T04:00:00Z 2003-07-31 Read twice and referred to the Committee on Indian Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.