Tribal members in Montana could receive at least $14.4 million or as much as $43.2 million under the Cobell settlement. The Great Falls Tribune reports.

Montana is home to 28,805 known Individual Indian Money account holders. Each would receive a minimum of $500 from the settlement but could also see $1,500 or more.

"It'll benefit the people and all the communities close to the reservations," Blackfeet Nation Secretary T.J. Show said of the payments from the settlement, which requires Congressional approval.

In addition to $1.4 billion for account holders, the settlement creates a $2 billion program to buy fractionated land interests and return them to tribes.

Get the Story:
Millions could come to Montanans in Cobell settlement (The Great Falls Tribune 1/7)

Relevant Documents:
Agreement | Press Release | Q&A | Audio

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