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Code · STATUTE-COMPILATIONS · Spokane Tribe of Indians of the Spokane Reservation Equitable Compensation Act · Sec. 5

Sec. 5. PAYMENTS BY ADMINISTRATOR

129 words·~1 min read·/statute-compilations/comps-15622/sec-5

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## SEC. 5 PAYMENTS BY ADMINISTRATOR ###
(a)Initial Payment On March 1, 2022, the Administrator shall pay to the Spokane Tribe an amount equal to 25 percent of the Computed Annual Payment for fiscal year 2021. ###
(b)Subsequent Payments ####
(1)In general Not later than March 1, 2023, and March 1 of each year thereafter through March 1, 2029, the Administrator shall pay the Spokane Tribe an amount equal to 25 percent of the Computed Annual Payment for the preceding fiscal year. ####
(2)March 1, 2030, and subsequent years Not later than March 1, 2030, and March 1 of each year thereafter, the Administrator shall pay the Spokane Tribe an amount equal to 32 percent of the Computed Annual Payment for the preceding fiscal year.
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