Indian Trust Asset Reform Act
Latest action · Jan 28, 2013 Read twice and referred to the Committee on Indian Affairs.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJan 28, 2013
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Indian Trust Asset Reform Act - Reaffirms the federal government's fiduciary responsibilities to Indians.
States that: (1) the most exacting common law fiduciary standards governing private trustees also govern the federal government when it manages Indian Trust Assets, and (2) those standards are not limited to the express terms of statutes and regulations.
Indian Trust Asset Management Demonstration Project Act of 2013 - Directs the Secretary of the Interior to establish an eight-year Indian trust asset management demonstration project that allows Indian tribes to propose, for the Secretary's approval, Indian trust asset management plans.
Allows participating Indian tribes that contract or compact trust management functions or activities under the Indian Self-Determination and Education Assistance Act to develop and carry out trust asset management systems, practices, and procedures that differ from the Secretary's.
Requires each plan to: (1) be consistent with all tribal laws and all federal treaties, statutes, executive orders, and court decisions applicable to the trust assets and their management; (2) establish procedures for nonbinding mediation or resolution of any plan-related disputes between the Indian tribe and the federal government; (3) include an annual evaluation by the Indian tribe and affected federal agencies of the plan's implementation; and (4) identify any federal regulations that the plan will supersede.
Prohibits the approval of any plan that does not: (1) protect trust assets from loss, waste, and unlawful alienation; and (2) promote the interests of the trust asset's beneficial owner.
Establishes, in the Department of the Interior, an Under Secretary for Indian Affairs who is to report directly to the Secretary and assume the functions of the Assistant Secretary for Indian Affairs and the Office of Special Trustee for American Indians.
Requires the Office of the Under Secretary to carry out additional duties relating to the management of Indian trust assets and resources through an Office of Trust Reform Implementation and Oversight.
Requires the Under Secretary to give a hiring preference to Indians.
Cosponsors 1
Members who signed on, in the order they did. All signed on Jan 28, 2013.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-ID | James E. Risch | Original | Jan 28, 2013 |
Actions 2
Everything that happened, newest first.
- Jan 28, 2013Introduced in Senate
- Jan 28, 2013Read twice and referred to the Committee on Indian Affairs.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 409 | Indian Trust Asset Reform Act | Related bill | May 7, 2014 |
Subjects
Assigned by the Library of Congress. Policy area: Native Americans.
- Administrative law and regulatory procedures
- Administrative remedies
- Alternative dispute resolution, mediation, arbitration
- Department of the Interior
- Executive agency funding and structure
- Federal officials
- Federal-Indian relations
- Government employee pay, benefits, personnel management
- Government information and archives
- Indian lands and resources rights
- Judicial review and appeals
- Native Americans
Text 1
Each version as it was printed, newest first.
- Jan 28, 2013Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.