The plaintiffs in the Indian trust fund
lawsuit and the Obama administration agreed to set another deadline to await Congressional authorization of the $3.4 billion settlement.
The new deadline is August 6. That should give the Senate enough time to act on H.R.4899, an appropriations bill that authorizes the settlement.
The House passed the settlement for the second time on July 1. The deal provides $1.412 billion in payments to individual Indians and creates a $2 billion land consolidation fund.
Get the Story:
Yet Another Extension in Cobell Indian Trust Case
(The Blog of Legal Times 7/9)
Cobell Settlement Documents:
Agreement
| Press
Release | Q&A
| Audio
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