Technical Correction to the Shoshone-Paiute Tribes of the Duck Valley Reservation Water Rights Settlement Act of 2023
Source: Congress.gov ·
360 words in original text
What This Bill Does
This bill makes a technical correction to a water rights settlement for the Shoshone-Paiute Tribes of the Duck Valley Reservation. It authorizes additional payment of interest on trust funds that were established as part of an earlier settlement agreement.
Who It Affects
The Shoshone-Paiute Tribes of the Duck Valley Reservation and the Secretary of the Interior (the federal official who oversees Native American affairs).
Key Provisions
• The bill authorizes appropriation of $5,124,902.12 to be deposited into the Development Fund (Sec. 2)
• The amounts deposited must be adjusted to reflect changes in the Consumer Price Index for All Urban Consumers West Urban 50,000 to 1,500,000 (a measure of inflation) since January 25, 2016 (Sec. 2)
What Changes
If this bill becomes law, the Secretary of the Interior will be authorized to deposit additional interest payments totaling $5,124,902.12 into the Development Fund, adjusted for inflation changes since January 25, 2016.
Important Definitions
None defined in the bill text.
Important: This plain English summary was generated by AI and is provided for informational purposes only.
It is not legal advice. Always consult the official bill text on Congress.gov
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