25 U.S.C. § 4044 — Reconciliation report
submitted 32 years ago by Pub. L. 103-412 to r/title-25-INDIANS · 186 words · no verdicts yet
The Secretary must report reconciled tribal trust-account balances and explain how disputed balances will be handled. This section states the applicable rule.
By May 31, 1996, the Secretary* must send Congress’s two specified committees a report identifying, for each tribal trust-fund account under the Secretary’s responsibility, a balance reconciled as of September 30, 1995. The Secretary must consult the Special Trustee*. The report must include: (1) the method used to reconcile accounts; (2) each account holder’s statement either that the Secretary gave as full and complete an accounting as possible to the earliest possible date and the holder accepts the reconciled balance, or that the holder disputes the balance and explains why; and (3) for each disputed balance, the Secretary’s statement of planned efforts to resolve the dispute.
The Secretary* shall transmit to the Committee on Natural Resources of the House of Representatives and the Committee on Indian Affairs of the Senate, by May 31, 1996, a report identifying for each tribal trust fund account for which the Secretary is responsible a balance reconciled as of September 30, 1995. In carrying out this section, the Secretary shall consult with the Special Trustee*. The report shall include—
a description of the Secretary’s methodology in reconciling trust fund accounts;
attestations by each account holder that—
the Secretary has provided the account holder with as full and complete accounting as possible of the account holder’s funds to the earliest possible date, and that the account holder accepts the balance as reconciled by the Secretary; or
the account holder disputes the balance of the account holder’s account as reconciled by the Secretary and statement explaining why the account holder disputes the Secretary’s reconciled balance; and
a statement by the Secretary with regard to each account balance disputed by the account holder outlining efforts the Secretary will undertake to resolve the dispute.
Source credit: (Pub. L. 103–412, title III, § 304, Oct. 25, 1994, 108 Stat. 4248.)
- 1994Enacted · Pub. L. 103-412 · 108 Stat. 4248
A history note hasn’t been published yet. The record shows enactment by Pub. L. 103-412 on 1994-10-25.
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