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Indian trust settlement under reviewIndian trust settlement under review

| Thursday, August 24, 2006

RAPID CITY - The U.S. Senate Indian Affairs Committee invites South Dakota tribal officials and American Indian land owners to comment on the $8 billion settlement of an Indian trust lawsuit against the federal government at a meeting Friday in Rapid City.

Indian landowners and tribes will review and comment on Indian Trust Reform Act, 2005, also called S. 1439 Cobell Settlement, that will be introduced next month by Sen. John McCain, R-Ariz., to congress. The meeting begins at 9 a.m. Friday, Aug. 25, in the amphitheater at LaQuinta Inn & Suites at 1416 N. Elk Valley Road.

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The Great Plains Tribal Chairmen’s Association will host the Senate Indian Affairs staff, which includes David Mullon, general counsel, majority staff, Allison Binney, minority staff and National Congress of American Indians legal advisor John Dossett.

Elouise Cobell filed a class-action suite in June 1996 to force the federal government to account for billions of dollars belonging to a half-million American Indians and their heirs, which was held in trust since the late 19th century.

Officials and landowners will review each section of Cobell Settlement with senate legal staff, who will take comments on the $7 billion awarded to settle the lawsuit, $1 billion awarded for land mismanagement and the establishment of a new five-member Trust Policy Review Commission.

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