Washington : Government Printing Office
|Chap. 80||Shoshone and Arapaho Tribes, Wind River Reservation. Division of trust funds.|
|Chap. 80||Outstanding loans.|
|Sec. 2||Establishment of trust fund accounts.|
|Sec. 2||Division of future revenues.|
|Sec. 3||Availability of trust funds.|
|Sec. 3||Per capita payments.|
|Sec. 3||Claims against payments.|
|Sec. 3||25 U.S.C. § 386a.|
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Secretary of the Interior is hereby authorized and directed to divide the trust funds on deposit in the Treasury of the United States to the joint credit of the Shoshone and Arapaho Tribes of the Wind River Reservation, Wyoming, including the unexpended balance of the treaty funds arising under section 12 of the Act of June 7, 1897 (30 Stat. 93), between the Shoshone Tribe and the Arapaho Tribe, crediting one-half
of the total amount in the principal account to a principal trust fund account and one-half of the total amount in the interest account to an interest trust fund account for each tribe: Provided, That in dividing the funds there shall be taken into consideration in determining the amount to be credited to each tribe the outstanding loans made from joint trust funds to the Indians of each tribe.
The Comptroller of the United States, upon request of the Secretary of the Interior, is authorized and directed to establish a trust fund account for each tribe and the Secretary of the Treasury shall make such transfer of funds on the books of his department as may be necessary to effect the purpose of section 1 of this Act: Provided, That interest shall accrue on the principal fund only, at the rate of 4 per centum per annum, and shall be credited to the interest trust fund accounts established by this section: Provided further, That all future revenues derived from the Wind River Reservation under existing law shall be divided in accordance with section 1 of this Act and credited to the principal trust fund accounts established herein.
Notwithstanding any other provision of existing law, the trust funds credited to the Shoshone Tribe and the Arapaho Tribe, respectively, under the provisions of this Act shall be available for expenditure or for advance to the tribe for such purposes as may be requested by the tribal council and approved by the Secretary of the Interior or such official as may be designated by him: Provided, That two-thirds of said trust funds as initially established, and two-thirds of all sums credited thereto during a period of five years from and after the enactment of this Act, shall be paid on the first day of September and the first day of March each year, per capita, to the individual members of said tribes, and any sums distributed per capita out of the funds described in section 1 of this Act on or after April 1, 1947, shall be taken into consideration in determining the sums to be distributed under this proviso to the same effect as if this Act had been in force on and after April 1, 1947: Provided further, That said per capita payments shall not be subject to any lien or claim of any nature against any of the members of said tribes unless the tribal council of such member shall consent thereto in writing, except as to reimbursable Treasury loans made to individual members of either tribe which may be due to the United States, and except as to irrigation charges owed by individual Indians to the United States, but this latter exception shall not become operative until a report upon irrigation charges within the Wind River Irrigation Project has been made and becomes effective in accordance with the Act of July 1, 1932 (ch. 369, 47 Stat. 564).
Approved, May 19, 1947.