indianz.com your internet resource indianz.com on facebook indianz.com on twitter indianz.com on Google+
ph: 202 630 8439   fax: 202 318 2182
Fredericks Peebles & Morgan LLP
Advertise on Indianz.Com
Home > News > Headlines
Print   Subscribe
BIA aims to start Cobell land consolidation purchases this year

Filed Under: Cobell
More on: bia, doi, elouise cobell, hilary tompkins, kevin washburn, land consolidation, scholarships
   

The Bureau of Indian Affairs hopes to start the land consolidation portion of the $3.4 billion Cobell trust fund settlement by the end of the year, Assistant Secretary Kevin Washburn said today.

The settlement provides $1.9 billion for the BIA to acquire fractionated interests from Indian beneficiaries. The land will then be returned to tribal governments.

"Our goal is to start making offers on fractionated land interests by the end of the year," Washburn, the head of the BIA, said on a conference call today.

The land consolidation program is entirely voluntary. To spur participation, the settlement authorizes up to $60 million in scholarships to be awarded to Indian students.

The scholarship fund will be seeded with money from the acquisition of fractionated interests, Washburn said. If the purchase price is less than $200, $10 will be contributed to the fund.

If the purchase price is between $200 and $500, $25 will go into the fund. For purchases greater than $500, 5 percent will be paid to the fund.

"Until we start purchasing land, there won't be any funding in the scholarship fund," Washburn noted.

As part of the scholarship program, the Interior Department is soliciting nominations for two members of a five-member board that will oversee the fund. Nominations are being accepted until May 20.

"The board is going to play a critical role in overseeing this scholarship fund," Solicitor Hilary Tompkins said on the conference call.

Two additional members have already been selected by the Cobell plaintiffs. They are Turk Cobell, the son of the late Elouise Cobell, and Alex Pearl, a law professor who is a member of the Chickasaw Nation.

The fifth member will be selected by the American Indian College, the group that's been chosen to administer the scholarship fund.

"It leaves a great legacy in the aftermath of the Cobell litigation to provide a fund for next generation of Native American leadership," Tompkins said.

The settlement requires the BIA to spend the $1.9 billion in land consolidation funds within 10 years. The BIA gets to take an administrative fee of 15 percent, or $285 million.

Federal Register Notices:
Request for Nominations To Serve on Board of Trustees for the Cobell Education Scholarship Fund (April 18, 2013)
Request for Nominations to Serve on Board of Trustees for the Cobell Education Scholarship Fund (March 13, 2013)

Related Stories:
Kevin Washburn to host conference call on Cobell scholarships (04/18)
DOI seeks nominations for Cobell settlement scholarship board (03/13)
American Indian College Fund to administer Cobell scholarships (03/12)


Copyright © Indianz.Com
More headlines...
Local Links:
Federal Register | Indian Gaming | Jobs & Notices | In The Hoop | Message Board
Latest News:
Native Sun News: Film company aims to bring Native stories to life (9/2)
Mark Trahant: Alaska Native candidate joins rival in governor's race (9/2)
Walt Lamar: Tribes face problems dealing with legalized marijuana (9/2)
Jennie Stockle: Fans mock Cherokee people with Trail of Tears sign (9/2)
DaShanne Stokes: State-recognized tribes need eagle feathers too (9/2)
Indian studies professor denied position over remarks about Israel (9/2)
Alaska Natives excluded from secret military intelligence program (9/2)
Judge schedules hearing in Gun Lake Tribe's gaming land litigation (9/2)
Tim Giago: Oglala Sioux people aren't afraid to say no to easy cash (9/1)
Native Sun News: Release of secret uranium mining data ordered (9/1)
Mark Trahant: It's past time for tribal leaders to govern the nation (9/1)
Jennie Stockle: A safe space for opponents of offensive mascotry (9/1)
John Christian Hopkins: A big thank you to the friend I never met (9/1)
National Museum of the American Indian celebrates 10th birthday (9/1)
Mother arrested in connection with child's death on Navajo Nation (9/1)
Opinion: Energy development can help secure tribal independence (9/1)
Cherokee Nation announces $170M casino and retail development (9/1)
Tunica-Biloxi Tribe won't be sharing gaming revenues this quarter (9/1)
Seminole Tribe on track to see gaming revenues increase to $2.1B (9/1)
Eastern Shawnee Tribe to reopen gaming facility in February 2015 (9/1)
Editorial: Tohono O'odham Nation didn't play by 'rules' with casino (9/1)
Opinion: Gaming good for Eastern Cherokees but not for fellow tribe (9/1)
Opinion: Federal recognition only means more casinos in California (9/1)
Native Sun News: Tribes walk out of contract support cost meeting (8/29)
Clara Caufield: Northern Cheyenne Tribe spends $2.4M on property (8/29)
Mike Johanns: Retracing steps of great Ponca Chief Standing Bear (8/29)
Steven Newcomb: Racist mascot a sign of deeper problems in US (8/29)
Lauren Jones: Affordable Care Act benefits Native Americans too (8/29)
Gila River Indian Community to see $77.6M from Cobell buy-back (8/29)
Energy boom linked to rise in human trafficking in Indian Country (8/29)
Navajo man heads up Native American Homelessness Task Force (8/29)
9th Circuit hears case over Yakama Nation tobacco manufacturer (8/29)
WAER: ICWA matters handled in 'kangaroo courts' in South Dakota (8/29)
MPR: Red Lake Nation opposes liquor license near dry reservation (8/29)
Tule River Tribe helps remove marijuana operation on reservation (8/29)
Omaha Tribe signs agreement with EPA to improve utility services (8/29)
Las Vegas Paiute Tribe rejected 'gift' from NFL team's foundation (8/29)
KPLU: Spokane Tribe maintains close ties with baseball franchise (8/29)
Opinion: HUD loan program a small step to boost Indian housing (8/29)
DNA study finds distinct population of Native people in Arctic area (8/29)
Tribes closely watching Big Lagoon Rancheria casino land dispute (8/29)
Tohono O'odham Nation to build off-reservation casino in phases (8/29)
State questions Forest County Powatatomi Tribe's slot machines (8/29)
Quapaw Tribe eyes local support for commercial casino in Kansas (8/29)
Native Sun News: Police officers who shot Indian teen get medals (8/28)
Cara Cowan Watts: Laying the groundwork for college scholarship (8/28)
Rudolph Ryser: Indigenous nations need leverage to bring change (8/28)
DOI extends $100M in Cobell buy-back offers on two reservations (8/28)
Cobell buy-backs could return over 38K acres to tribe in Montana (8/28)
Five-year-old Navajo boy sent home from school for his long hair (8/28)
Three charged with murder for death of Mississippi Choctaw man (8/28)
Lummi Nation seeks cooperation after ruling in treaty rights case (8/28)
Artist Gregg Deal takes on Indian mascots for performance piece (8/28)
Sports announcer won't use Washington NFL team's name on air (8/28)
Recruiter from Spokane Tribe's college selected for Peirone Prize (8/28)
California tribes support release of water to benefit salmon runs (8/28)
Southern Ute Tribe invests $2B in big energy production system (8/28)
more headlines...

Home | Arts & Entertainment | Business | Canada | Cobell Lawsuit | Education | Environment | Federal Recognition | Federal Register | Forum | Health | Humor | Indian Gaming | Indian Trust | Jack Abramoff Scandal | Jobs & Notices | Law | National | News | Opinion | Politics | Sports | Technology | World

Indianz.Com Terms of Service | Indianz.Com Privacy Policy
About Indianz.Com | Advertise on Indianz.Com

Indianz.Com is a product of Noble Savage Media, LLC and Ho-Chunk, Inc.