Page:United States Statutes at Large Volume 111 Part 3.djvu/572

 Ill STAT. 2660 PUBLIC LAW 105-143—DEC. 15, 1997 Executive Council within 30 days of receipt of the Bay Mills Indian Community's share of the judgment fund from the Secretary, as follows: (1) The sum of $3,000 to each enrolled member of the Bay Mills Indian Community living on the date of enactment of this legislation, who has attained the age of 55 years, but is less than 62 years of age, if that individual was adopted into or a member of the Bay Mills Indian Community on or before June 30, 1996. (2) The sum of $5,000 to each enrolled member of the Bay Mills Indian Community living on the date of enactment of this legislation, who is at least 62 years of age and less than and 70 years of age, if that individual was adopted into or a member of the Bay Mills Indian Community on or before June 30, 1996. (3) The sum of $10,000 to each enrolled member of the Bay Mills Indian Community living on the date of enactment of this legislation, who is 70 years of age or older, if that individual was adopted into or a member of the Bay Mills Indian Community on or before June 30, 1996. (d) ANNUAL PAYMENTS FROM LAND CLAIMS DISTRIBUTION TRUST FUND. — The Executive Council shall prepare the annual distribution roll and ensure its accuracy prior to August 30 of each year prior to distribution. The distribution roll shall identify each member of the Bay Mills Indian Community who, on the date of distribution, will have attained the minimum age and membership duration required for distribution eligibility, as specified in subsection (b)(3). The number of eligible persons in each age category defined in this subsection, multiplied by the number of shares for which the age category is entitled, added together for the 3 categories, shall constitute the total number of shares to be distributed each year. On each October 1, the shares shall be distributed as follows: (1) Each member who is at least 55 years of age and less than 62 years of age shall receive 1 share. (2) Each member who is between the ages of 62 and 69 years shall receive 2 shares. (3) Each member who is 70 years of age or older shall receive 3 shares. SEC. 108. PLAN FOR USE OF SAULT STE. MARIE TRIBE OF CfflPPEWA INDIANS OF MICHIGAN FUNDS. (a) SELF-SUFFICIENCY FUND. — (1) The Sault Ste. Marie Tribe of Chippewa Indians of Michigan (referred to in this section as the "Sault Ste. Marie Tribe"), through its board of directors, shall establish a trust fund for the benefit of the Sault Ste. Marie Tribe which shall be known as the "Self-Sufficiency Fund". The principal of the Self-Sufficiency Fund shall consist of— (A) the Sault Ste. Marie Tribe's share of the judgment funds transferred by the Secretary to the board of directors pursuant to subsection (e); (B) such amounts of the interest and other income of the Self-Sufficiency Fund as the board of directors may choose to add to the principal; and (C) any other funds that the board of directors of the Sault Ste. Marie Tribe chooses to add to the principal.

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