S 2000 · 98th Congress · Native Americans

A bill to allow variable interest rates for Indian funds held in trust by the United States.

Introduced 1983-10-25· Sponsored by Sen. Andrews, Mark [R-ND]· Senate

Bill Progress

1
Introduced
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Committee
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Senate Vote
4
House
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Enacted
Latest: Became Public Law No: 98-451.(1984-10-04)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Act of February 12, 1929, to direct the Secretary of the Treasury to invest Indian trust funds in public debt securities bearing interest as the Secretary determines, considering current market yields (currently such funds are fixed at 4 percent per annum).…

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