Law | Trust

Standing Rock Sioux Tribe pushed to share trust settlement

The Standing Rock Sioux Tribe is meeting today to consider what to do with a $48.9 million trust fund settlement.

One activist group say all of the money should be distributed on a per capita basis. The tribe has about 8,890 members.

“Right now, we’re afraid that $48.9 million is going to come and go with nothing to show for it,” Cheryl Kary, a spokesperson for the Active Citizens for Tribal Truth of Bismarck and Mandan, told The Bismarck Tribune. The group held a protest outside of federal court in Bismarck yestrday and plans to protest at tribal headquarters today.

Other tribes that reached settlements with the Obama administration have issued per capita payments.

Get the Story:
Tribal members say settlement should go to all (The Bismarck Tribune 9/11)
Standing Rock Protest (KFYR-TV 9/10)

Related Stories:
IRS affirms per capita payouts from trust settlements not taxable (09/06)
Social Security Administration issues ruling on trust payouts (08/23)

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