-CITE-


    25 USC Sec. 1300i-3                                         01/06/03

-EXPCITE-


    TITLE 25 - INDIANS


    CHAPTER 14 - MISCELLANEOUS


    SUBCHAPTER LXXX - HOOPA-YUROK SETTLEMENT

-HEAD-


    Sec. 1300i-3. Hoopa-Yurok Settlement Fund

-STATUTE-


    (a) Establishment


      (1) There is hereby established the Hoopa-Yurok Settlement Fund.


    Upon enactment of this subchapter, the Secretary shall cause all


    the funds in the escrow funds, together with all accrued income


    thereon, to be deposited into the Settlement Fund.


      (2) Until the distribution is made to the Hoopa Valley Tribe


    pursuant to section (!1) (c), the Secretary may distribute to the


    Hoopa Valley Tribe, pursuant to section 123c of this title, not to


    exceed $3,500,000 each fiscal year out of the income or principal


    of the Settlement Fund for tribal, non per capita purposes:


    Provided, however, That the Settlement Fund apportioned under


    subsections (c) and (d) of this section shall be calculated without


    regard to this subparagraph, but any amounts distributed under this


    subparagraph shall be deducted from the payment to the Hoopa Valley


    Tribe pursuant to subsection (c) of this section.

      (3) Until the distribution is made to the Yurok Tribe pursuant to


    section (!1) (d), the Secretary may, in addition to providing


    Federal funding, distribute to the Yurok Transition Team, pursuant


    to section 123c of this title, not to exceed $500,000 each fiscal


    year out of the income and principal of the Settlement Fund for


    tribal, non per capita purposes: Provided, however, That the


    Settlement Fund apportioned under subsections (c) and (d) of this


    section shall be calculated without regard to this subparagraph,


    but any amounts distributed under this subparagraph shall be


    deducted from the payment to the Yurok Tribe pursuant to subsection


    (d) of this section.


    (b) Distribution; investment


      The Secretary shall make distribution from the Settlement Fund as


    provided in this subchapter and, pending payments under section


    1300i-5 of this title and dissolution of the fund as provided in


    section 1300i-6 of this title, shall invest and administer such


    fund as Indian trust funds pursuant to section 162a of this title.


    (c) Hoopa Valley Tribe portion


      Effective with the publication of the option election date


    pursuant to section 1300i-5(a)(4) of this title, the Secretary


    shall immediately pay out of the Settlement Fund into a trust


    account for the benefit of the Hoopa Valley Tribe a percentage of


    the Settlement Fund which shall be determined by dividing the


    number of enrolled members of the Hoopa Valley Tribe as of the date


    of the promulgation of the Settlement Roll, including any persons


    enrolled pursuant to section 1300i-5 of this title, by the sum of


    the number of such enrolled Hoopa Valley tribal members and the


    number of persons on the Settlement Roll.


    (d) Yurok Tribe portion


      Effective with the publication of the option election date


    pursuant to section 1300i-5(a)(4) of this title, the Secretary


    shall pay out of the Settlement Fund into a trust account for the


    benefit of the Yurok Tribe a percentage of the Settlement Fund


    which shall be determined by dividing the number of persons on the


    Settlement Roll electing the Yurok Tribal Membership Option


    pursuant to section 1300i-5(c) of this title by the sum of the


    number of the enrolled Hoopa Valley tribal members established


    pursuant to subsection (c) of this section and the number of


    persons on the Settlement Roll, less any amount paid out of the


    Settlement Fund pursuant to section 1300i-5(c)(3) of this title.


    (e) Federal share


      There is hereby authorized to be appropriated the sum of


    $10,000,000 which shall be deposited into the Settlement Fund after


    the payments are made pursuant to subsections (c) and (d) of this


    section and section 1300i-5(c) of this title. The Settlement Fund,


    including the amount deposited pursuant to this subsection and all


    income earned subsequent to the payments made pursuant to


    subsections (c) and (d) of this section and section 1300i-5(c) of


    this title, shall be available to make the payments authorized by


    section 1300i-5(d) of this title.

-SOURCE-


    (Pub. L. 100-580, Sec. 4, Oct. 31, 1988, 102 Stat. 2927.)

-SECREF-


                   SECTION REFERRED TO IN OTHER SECTIONS               


      This section is referred to in sections 1300i, 1300i-1, 1300i-4,


    1300i-6 of this title.

-FOOTNOTE-


    (!1) So in original. Probably should be "subsection".