Page:United States Statutes at Large Volume 124.djvu/3171

 124 STAT. 3145 PUBLIC LAW 111–291—DEC. 8, 2010 SEC. 615. AAMODT SETTLEMENT PUEBLOS’ FUND. (a) ESTABLISHMENT OF THE AAMODT SETTLEMENT PUEBLOS’ FUND.—There is established in the Treasury of the United States a fund, to be known as the ‘‘Aamodt Settlement Pueblos’ Fund,’’ consisting of— (1) such amounts as are made available to the Fund under section 617(c) or other authorized sources; and (2) any interest earned from investment of amounts in the Fund under subsection (b). (b) MANAGEMENT OF THE FUND.—The Secretary shall manage the Fund, invest amounts in the Fund, and make amounts available from the Fund for distribution to the Pueblos in accordance with— (1) the American Indian Trust Fund Management Reform Act of 1994 (25 U.S.C. 4001 et seq.); and (2) this title. (c) INVESTMENT OF THE FUND.—On the date on which the waivers become effective as set forth in section 623(d), the Secretary shall invest amounts in the Fund in accordance with— (1) the Act of April 1, 1880 (25 U.S.C. 161); (2) the first section of the Act of June 24, 1938 (25 U.S.C. 162a); and (3) the American Indian Trust Fund Management Reform Act of 1994 (25 U.S.C. 4001 et seq.). (d) TRIBAL MANAGEMENT PLAN.— (1) IN GENERAL.—A Pueblo may withdraw all or part of the Pueblo’s portion of the Fund on approval by the Secretary of a tribal management plan as described in the American Indian Trust Fund Management Reform Act of 1994 (25 U.S.C. 4001 et seq.). (2) REQUIREMENTS.—In addition to the requirements under the American Indian Trust Fund Management Reform Act of 1994 (25 U.S.C. 4001 et seq.), the tribal management plan shall require that a Pueblo spend any amounts withdrawn from the Fund in accordance with the purposes described in section 617(c). (3) ENFORCEMENT.—The Secretary may take judicial or administrative action to enforce the provisions of any tribal management plan to ensure that any amounts withdrawn from the Fund under an approved tribal management plan are used in accordance with this subtitle. (4) LIABILITY.—If a Pueblo or the Pueblos exercise the right to withdraw amounts from the Fund, neither the Sec- retary nor the Secretary of the Treasury shall retain any liability for the expenditure or investment of the amounts with- drawn. (5) EXPENDITURE PLAN.— (A) IN GENERAL.—The Pueblos shall submit to the Sec- retary for approval an expenditure plan for any portion of the amounts in the Fund that the Pueblos do not with- draw under this subsection. (B) DESCRIPTION.—The expenditure plan shall describe the manner in which, and the purposes for which, amounts remaining in the Fund will be used. (C) APPROVAL.—On receipt of an expenditure plan under subparagraph (A), the Secretary shall approve the plan if the Secretary determines that the plan is reasonable