Sec. 10. Salish and Kootenai Compact Fund
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/bill/114/s/3013/is/section-10A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
There is established in the Treasury of the United States a nontrust, interest bearing account, to be known as the Salish and Kootenai Compact Fund to be managed and distributed by the Secretary, for use by the Secretary to carry out this Act. The Secretary shall establish in the Compact Fund the following accounts: The Compact Implementation Account. The Flathead Indian Irrigation Project Account. The Secretary shall deposit in the Compact Fund— in the Compact Implementation Account, the amount made available pursuant to subsection (f)(1)(A); and in the Flathead Indian Irrigation Project Account, the amount made available pursuant to subsection (f)(1)(B).
Amounts from the Compact Fund shall be used by the Tribes for the following purposes: The Compact Implementation Account shall be used in accordance with subsection (e)(2) and for administration, implementation, and management of the tribal water right and the regulation and administration of water rights within the Reservation under this Act, the Compact, and the law of administration. The Flathead Indian Irrigation Project Account shall be used to carry out section 8. Except as provided in paragraph (2), amounts in the Compact Implementation Account shall be available to the Secretary for expenditure beginning on the enforceability date.
Notwithstanding paragraph (1), subject to the availability of appropriations, as soon as practicable after the date on which the Tribes ratify the Compact, the Secretary shall make available from the Compact Implementation Account to the Tribes to carry out this Act $7,194,496. Subject to paragraph (2), there are authorized to be appropriated to the Secretary, as adjusted on appropriation to reflect changes in the Bureau of Reclamation Construction Cost Trends Index dated April 2010 for the amount appropriated— for deposit in the Compact Implementation Account, $116,209,294; and for deposit in the Flathead Indian Irrigation Project Account, $1,519,408,000.
The adjustment of the amounts authorized to be appropriated pursuant to paragraph
(1)shall occur each time an amount is appropriated for an account and shall add to, or subtract from, as applicable, the total amount authorized. The adjustment process under this subsection shall be repeated for each subsequent amount appropriated until the amount authorized, as adjusted, has been appropriated. The amount of an adjustment may be considered— to be authorized as of the date on which congressional action occurs; and in determining the amount authorized to be appropriated.