Page:United States Statutes at Large Volume 113 Part 1.djvu/412

 113 STAT. 388 PUBLIC LAW 106-53—AUG. 17, 1999 (iii) lease land for the creation or restoration of a wetlgind on such private property. (B) CHEYENNE RIVER SIOUX TRIBE AND LOWER BRULE SIOUX TRIBE.— I f the Cheyenne River Sioux Tribe or the Lower Brule Sioux Tribe conducts a program under this subsection, the Tribe may use funds made available under section 604(d)(3)(A)(iii) for the purposes described in subparagraph (A). (c) FEDERAL OBLIGATION FOR TERRESTRIAL WILDLIFE HABITAT MITIGATION FOR THE BIG BEND AND OAHE PROJECTS IN SOUTH DAKOTA. —The establishment of the trust fxmds under sections 603 and 604 and the development and implementation of plans for terrestrial wildlife habitat restoration developed by the State of South Dakota, the Cheyenne River Sioux Tribe, and the Lower Brule Sioux Tribe in accordance with this section shall be considered to satisfy the Federal obligation under the Fish and Wildlife Coordination Act (16 U.S.C. 661 et seq.) for terrestrial wildlife habitat mitigation for the State of South Dakota, the Cheyenne River Sioux Tribe, and the Lower Brule Sioux Tribe for the Big Bend and Oahe projects carried out as part of the Pick-Sloan Missouri River Basin program. SEC. 603. SOUTH DAKOTA TERRESTRIAL WILDLIFE HABITAT RES- TORATION TRUST FUND. (a) ESTABLISHMENT. —T here is established in the Treasury of the United States a fund to be known as the "South Dsikota Terrestrial Wildlife Habitat Restoration Trust Fund" (referred to in this section as the "Fund"). (b) FUNDING.— For the fiscal year during which this Act is enacted and each fiscal yeeu* thereafter until the aggregate amount deposited in the Fund under this subsection is equal to at least $108,000,000, the Secretary of the Treasury shall transfer $10,000,000 from the general fund of the Treasiuy to the Fund. (c) INVESTMENTS.— (1) IN GENERAL.—At the request of the Secretary, the Secretary of the Treasiuy shall invest the amounts deposited under subsection (b) only in interest-bearing obligations of the United States or in obligations guarguiteed by the United States as to both principal and interest. (2) INTEREST RATE. —The Secretary of the Treasury shall invest amounts in the fund in obligations that carry the highest rate of interest among available obligations of the required maturity. (d) PAYMENTS.— (1) IN GENERAL.— All amounts credited as interest under subsection (c) shall be available, without fiscal year limitation, to the State of South Dakota for use in accordance with paragraph (3) after the Fund has been fully capitalized. (2) WITHDRAWAL AND TRANSFER OF FUNDS.— Subject to section 602(a)(4)(A), the Secretary shall withdraw amounts credited as interest under paragraph (1) and trsuisfer the £unounts to the State of South Dakota for use as State funds in accordance with paragraph (3) after the Fund has been fully capitalized. (3) USE OF TRANSFERRED FUNDS. —

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