Indian Trust Reform Act of 2005
Latest action. Committee on Indian Affairs. Hearings held. Hearings printed: S.Hrg. 109-483.
Indian Trust Reform Act of 2005 - Establishes in the general fund of the Treasury the Individual Indian Accounting Claim Settlement Fund, administered by a Special Master appointed by the Secretary of the Treasury. Requires the Special Master to distribute at least 80% of amounts in the Fund to individual claimants.
Establishes the Indian Trust Asset Management Review Commission to assess federal laws and regulations, and the practices of the Department of the Interior, relating to the management and administration of Indian trust asseets.
Indian Trust Asset Management Demonstration Project Act of 2005 - Directs the Secretary of the Interior (Secretary) to establish an eight-year Indian Trust Asset Management Demonstration Project.
Requires a participating Indian tribe to submit to the Secretary for approval a proposed Indian trust asset management plan meeting certain requirements.
Amends the Indian Land Consolidation Act to authorize the Secretary to: (1) include an incentive bonus of between $100 and $350 in the fair market value purchase price offered for an interest in any parcel of Indian land that includes undivided trust or restricted interests owned by not less than 20 separate individuals (fractionated Indian land); (2) extend the incentive bonus up to $2,000 if an individual agrees to sell to the Secretary all trust or restricted interests owned; and (3) offer up to quadruple the fair market value of a tract of land consisting of at least 200 separate undivided trust or restricted interests.
Establishes in the Department of the Interior the position of Under Secretary for Indian Affairs, and transfers to the Under Secretary any function of the Assistant Secretary for Indian Affairs and of the Office of Special Trustee for American Indians (which has been terminated) that has not been carried out as of the effective date of this Act.
Requires the new Under Secretary to develop an inventory of Indian trust assets and resources.
Directs the Secretary to prepare financial statements for individual Indian, Indian tribal, and other Indian trust accounts in accordance with generally accepted accounting principles of the federal government, as well as an internal control report.
The summary continues for 1 more paragraph. Read it in full on Congress.gov
Written by analysts at the Congressional Research Service and published on Congress.gov, not by Civibrief. Summarized at the "Introduced in Senate" stage on July 20, 2005. It describes the bill, it is not the legal text.
Where is it in the process, and what happens next?
4 steps remain before this bill could become law.
The record's latest action, on March 28, 2006: Committee on Indian Affairs. Hearings held. Hearings printed: S.Hrg. 109-483.
- Clearing the committees it was referred to, and being scheduled for a floor vote
- Passage by the Senate
- Passage by the House
- The President's signature. If the President vetoes it, two-thirds of both chambers must vote to override.
How likely is it to become law?
Civibrief does not forecast outcomes and this page has no opinion about this one. What the record supports is a base rate, which is a fact about the whole pile, not a prediction about this measure.
In the 109th Congress (2005-06), 482 of the 10,701 bills and joint resolutions introduced became law, about 4.5 percent. That count covers every measure at every stage, including the many that never left committee.
This one is not there yet: 4 steps are still outstanding, listed above.
Has anyone actually voted on it?
No. No roll call in this Congress cites this measure. That is the ordinary outcome: most measures never reach a recorded floor vote, and a committee ends most of them simply by not acting.
A vote is not the only thing that happens to a measure. Hearings, markups, and referrals are all recorded actions, and none of them is a vote of the full chamber.
Who is behind it?
JOHN MCCAIN (R-AZ) introduced it on July 20, 2005, and 1 member has since signed on as a cosponsor.
They are 1 Democrat.
Cosponsoring is a formal signature on the text. It is not a commitment to vote for the measure, it does not bind anyone's party, and a long list of cosponsors is a measure of attention rather than of prospects.
How long has it been in play?
It was introduced on July 20, 2005, 7722 days ago. The most recent recorded action was 7471 days ago, on March 28, 2006.
Measures do not carry over. Anything the 109th Congress has not finished by January 3, 2007 dies when the term ends, and has to be introduced again from the start in the next Congress.
Every answer above is assembled from this measure's own record on Congress.gov and from published counts of what Congress has passed before. Civibrief does not predict outcomes and takes no position on any measure.
Vote history
- SenateIn committee, no floor vote yet
- HouseAwaits Senate passage
- PresidentAwaits both chambers