Overview of the 1971 Legislation Regulating the Disposition of Judgment Funds for the Pueblo of Laguna, 1971-08-03

Item — Box: LG 67, Folder: 21

Identifier: CAC_CC_009_2_67_21_0002

Staff Only

Overview of the 1971 Legislation Regulating the Disposition of Judgment Funds for the Pueblo of Laguna, 1971-08-03

H.R. 10352 is a bill introduced in the House of Representatives to provide for the disposition of judgment funds on deposit to the credit of the Pueblo of Laguna in Indian Claims Commission, docket numbered 227. The bill allows for the funds to be used for any purpose authorized by the tribal governing body and approved by the Secretary of the Interior, including transferring funds to the unrestricted funds of the Pueblo. It also exempts distributed funds from Federal and State income taxes. The Department recommends a technical amendment to clarify the tax exemption.