[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2368 Engrossed in House (EH)]


  1st Session

                               H. R. 2368

_______________________________________________________________________

                                 AN ACT

 To assist in the resettlement and relocation of the people of Bikini 
 Atoll by amending the terms of the trust fund established during the 
  United States administration of the Trust Territory of the Pacific 
                                Islands.
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
106th CONGRESS
  1st Session
                                H. R. 2368

_______________________________________________________________________

                                 AN ACT


 
 To assist in the resettlement and relocation of the people of Bikini 
 Atoll by amending the terms of the trust fund established during the 
  United States administration of the Trust Territory of the Pacific 
                                Islands.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Bikini Resettlement and Relocation 
Act of 1999''.

SEC. 2. PARTIAL DISTRIBUTION OF TRUST FUND AMOUNTS.

    Three percent of the market value as of June 1, 1999, of the 
Resettlement Trust Fund for the People of Bikini, established pursuant 
to Public Law 97-257, shall be made available for immediate ex gratia 
distribution to the people of Bikini, provided such distribution does 
not reduce the corpus of the trust fund. The amount of such 
distribution shall be deducted from any additional ex gratia payments 
that may be made by the Congress into the Resettlement Trust Fund.

            Passed the House of Representatives September 13, 1999.

            Attest:

                                                                 Clerk.