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Title 25 — Indians

Chapter 24 — Indian Land Consolidation

§ 2215. Acquisition Fund

Statutory text

(a)

In general

The Secretary shall establish an Acquisition Fund to—

(1)

disburse appropriations authorized to accomplish the purposes of section 2212 of this title; and

(2)

collect all revenues received from the lease, permit, or sale of resources from interests acquired under section 2212 of this title or paid by Indian landowners under section 2212 of this title.

(b)

Deposits; use

(1)

In general

All proceeds from leases, permits, or resource sales derived from an interest in trust or restricted lands described in subsection (a)(2) shall—

(A)

be deposited in the Acquisition Fund;

(B)

as specified in advance in appropriations Acts, be available for the purpose of acquiring additional fractional interests in trust or restricted lands; and

(C)

be used to acquire undivided interests on the reservation from which the income was derived.

(2)

Use of funds

The Secretary may use the revenue deposited in the Acquisition Fund under paragraph (1) to acquire some or all of the undivided interests in any parcels of land in accordance with section 2204 of this title.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

  1. Pub. L. 97–459 title II § 216 · 96 Stat. 2515

    Enacted · 25 U.S.C. § 2215

    Pub. L. 97–459, title II, § 216, as added Pub. L. 106–462, title I, § 103(6), Nov. 7, 2000, 114 Stat. 2002

    Source evidence

    Code source credit
    Pub. L. 97–459, title II, § 216, as added Pub. L. 106–462, title I, § 103(6), Nov. 7, 2000, 114 Stat. 2002

  2. American Indian Probate Reform Act of 2004

    Pub. L. 108–374 § 6(a)(8)(A) · 118 Stat. 1773

    1. Added · 25 U.S.C. § 2215(a)(2)

      Pub. L. 108–374, § 6(a)(8)(A), added par. (2)

    2. Struck · 25 U.S.C. § 2215(a)(2)

      Pub. L. 108–374, § 6(a)(8)(A), struck out former par. (2) which read as follows: “collect all revenues received from the lease, permit, or sale of resources from interests in trust or restricted lands transferred to Indian tribes by the Secretary under section 2212 of this title or paid by Indian landowners under section 2212(c) of this title.”

    Source evidence

    Code amendment note
    Subsec. (a)(2). Pub. L. 108–374, § 6(a)(8)(A), added par. (2) and struck out former par. (2) which read as follows: “collect all revenues received from the lease, permit, or sale of resources from interests in trust or restricted lands transferred to Indian tribes by the Secretary under section 2212 of this title or paid by Indian landowners under section 2212(c) of this title.”

    Enacted provision · exact public law section
    (A) in subsection (a), by striking paragraph (2) and inserting the following: “(2) collect all revenues received from the lease, permit, or sale of resources from interests acquired under section 213 or paid by Indian landowners under section 213.” ; and

  3. American Indian Probate Reform Act of 2004

    Pub. L. 108–374 § 6(a)(8)(B)(i) · 118 Stat. 1773

    1. Substituted · 25 U.S.C. § 2215(b)(1)

      Pub. L. 108–374, § 6(a)(8)(B)(i), substituted “All” for “Subject to paragraph (2), all” in introductory provisions

    2. Added · 25 U.S.C. § 2215(b)(1)

      Pub. L. 108–374, § 6(a)(8)(B)(i), added subpar. (C)

    Source evidence

    Code amendment note
    Subsec. (b)(1). Pub. L. 108–374, § 6(a)(8)(B)(i), substituted “All” for “Subject to paragraph (2), all” in introductory provisions and added subpar. (C).

    Enacted provision · exact public law section
    (i) in paragraph (1)— (I) in the matter preceding subparagraph (A), by striking “Subject to paragraph (2), all” and inserting “All”; (II) in subparagraph (A), by striking “and” at the end; (III) in subparagraph (B), by striking the period at the end and inserting “; and”; and (IV) by adding at the end the following: “(C) be used to acquire undivided interests on the reservation from which the income was derived.” ; and

  4. American Indian Probate Reform Act of 2004

    Pub. L. 108–374 § 6(a)(8)(B)(ii) · 118 Stat. 1773

    1. Added · 25 U.S.C. § 2215(b)(2)

      Pub. L. 108–374, § 6(a)(8)(B)(ii), added par. (2)

    2. Struck · 25 U.S.C. § 2215(b)(2)

      Pub. L. 108–374, § 6(a)(8)(B)(ii), struck out heading and text of former par. (2). Text read as follows: “With respect to the deposit of proceeds derived from an interest under paragraph (1), the aggregate amount deposited under that paragraph shall not exceed the purchase price of that interest under section 2212 of this title.”

    Source evidence

    Code amendment note
    Subsec. (b)(2). Pub. L. 108–374, § 6(a)(8)(B)(ii), added par. (2) and struck out heading and text of former par. (2). Text read as follows: “With respect to the deposit of proceeds derived from an interest under paragraph (1), the aggregate amount deposited under that paragraph shall not exceed the purchase price of that interest under section 2212 of this title.”

    Enacted provision · exact public law section
    (ii) by striking paragraph (2) and inserting the following: “(2) Use of funds.— The Secretary may use the revenue deposited in the Acquisition Fund under paragraph (1) to acquire some or all of the undivided interests in any parcels of land in accordance with section 205.” ;

6 of 7 references resolved to an enrolled provision · 1 partial

Editorial Notes

Amendments

2004—Subsec. (a)(2). Pub. L. 108–374, § 6(a)(8)(A), added par. (2) and struck out former par. (2) which read as follows: “collect all revenues received from the lease, permit, or sale of resources from interests in trust or restricted lands transferred to Indian tribes by the Secretary under section 2212 of this title or paid by Indian landowners under section 2212(c) of this title.”

Subsec. (b)(1). Pub. L. 108–374, § 6(a)(8)(B)(i), substituted “All” for “Subject to paragraph (2), all” in introductory provisions and added subpar. (C).

Subsec. (b)(2). Pub. L. 108–374, § 6(a)(8)(B)(ii), added par. (2) and struck out heading and text of former par. (2). Text read as follows: “With respect to the deposit of proceeds derived from an interest under paragraph (1), the aggregate amount deposited under that paragraph shall not exceed the purchase price of that interest under section 2212 of this title.”

Credits

2000–2004 · 2 acts
  1. 2000Pub. L. 97–459, title II, § 216, as added Pub. L. 106–462, title I, § 103(6), , 114 Stat. 2002
  2. 2004amended Pub. L. 108–374, § 6(a)(8), , 118 Stat. 1802.
Show as published

(Pub. L. 97–459, title II, § 216, as added Pub. L. 106–462, title I, § 103(6), , 114 Stat. 2002; amended Pub. L. 108–374, § 6(a)(8), , 118 Stat. 1802.)

Parsed from the official OLRC USLM XML in data/usc_all/usc25.xml · release point 119-108 · OLRC build 2026-05-06

USLM identifier /us/usc/t25/s2215