Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Congress passes first comprehensive Indian trust bill in decades

 


A bill that encourages tribes to take greater control of their trust funds and trust assets has cleared both chambers of Congress.

The Senate passed H.R.812, the Indian Trust Asset Reform Act, by unanimous consent on Friday afternoon. The move follows approval by the House on February 24.

“Today, Congress passed legislation that will empower tribes to better manage their own trust assets,” Sen. John Barrasso (R-Wyoming), the chairman of the Senate Committee on Indian Affairs, said in a press release. “It is our obligation to guarantee that Indian trust assets benefit tribal citizens. I am pleased that this bill has passed the full Congress and I encourage the president to sign it into law.”

http://www.indianz.com/News/2016/06/10/congress-passes-first-comprehensive-indi.asp

 

Reader Comments(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2021

Rendered 06/22/2021 15:25