S 1770 · 108th Congress · Native Americans

Indian Money Account Claim Satisfaction Act of 2003

Introduced 2003-10-21· Sponsored by Sen. Campbell, Ben Nighthorse [R-CO]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Indian Affairs. Hearings held. Hearings printed: S.Hrg. 108-389.(2003-10-29)

Plain Language Summary

[AI summary unavailable — showing source text] Indian Money Account Claim Satisfaction Act of 2003 - Establishes the Indian Money Account Claim Satisfaction Task Force: (1) to complete an analysis of records, data, and other historical information with regard to the conduct of an historical accounting submitted by the parties in the class action to the district court in January 2003 (Cobell v. Norton (No. 96cv01285, D.D.C.)); and (2) after such completion to hold meetings with representatives of the plaintiffs in the civil action, the Departments of Justice and of the Interior and any other parties that, in the discretion of the Task Force, are necessary to carryout out its duties. Requires the Task Force to develop appropriate methodologies or models to conduct an accounting to determine in current dollars the balances of: (1) all individual Indian money accounts opened in or after 1985; (2) all individual Indian money accounts opened on or after the enactment of a certain Act of June 24, 1938, regarding deposit, care, and investment of Indian moneys, and before 1985; and (3) all individual Indian money accounts opened before such enactment. Establishes the Indian Money Claims Tribunal to serve as arbitrator if an eligible ind…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

1 Democrat1 Republican