What is Cobell settlement?
The Cobell settlement was approved by Congress on November 30, 2010 (Claims Resolution Act of 2010) and signed by President Obama on December 8, 2010. The $3.4 billion Cobell Settlement includes a $1.9 billion Trust Land Consolidation Fund and $1.5 billion in direct payments to class members.
What was the salazar settlement?
The case was settled for $3.4 billion in 2009. $1.4 billion was allocated to be paid to the plaintiffs and $2 billion allocated to repurchase fractionated land interests from those distributed under the Dawes Act and to return it to reservations and communal tribal ownership.
What award did Ms Cobell win during the time of the trial?
In November 2016, Cobell’s work on behalf of Native Americans was honored by the award of a posthumous Presidential Medal of Freedom by President Barack Obama; her son Turk Cobell accepted the award on her behalf….Elouise P. Cobell.
| Elouise Pepion Cobell | |
|---|---|
| Education | Great Falls Business College, Montana State University |
What tribe was Cobell from?
the Blackfoot Nation
Cobell was born on November 5, 1945 on the Blackfeet Reservation in Montana. The middle of nine children, she was the great, great granddaughter of the respected Mountain Chief of the Blackfoot Nation who refused to compromise with the U.S. Government in the nineteenth century.
How can I check my IIM account?
The individual may obtain a statement of their IIM account directly from the Office of Trust Funds Management through the Bureau of Indian Affairs (BIA) by requesting the information in person or by making a telephone request.
How many American Indians accounts did the Cobell lawsuit ask the federal government to provide accounting for?
The Native American Rights Fund and private co-counsel filed this class action case in federal district court in Washington, D.C. in 1996 to force the federal government to provide an accounting to approximately 300,000 individual Indian money account holders who have their funds held in trust by the federal government …
What was the outcome of the Dawes Act of 1887?
The Dawes Act of 1887 authorized the federal government to break up tribal lands by partitioning them into individual plots. Only those Native Americans who accepted the individual allotments were allowed to become US citizens.
Who advocated for the Cobell settlement?
General Eric Holder Jr.
Some 500,000 Native Americans stand to receive compensation through the deal. President Barack Obama and top U.S. Justice Department officials, including Attorney General Eric Holder Jr., heralded the settlement.
What was Eloise’s lawsuit about?
Cobell spent nearly 15 years advancing the suit, which was settled in 2010. It claimed that the Interior Department had stolen or squandered billions of dollars in royalties owed to individual tribal members, mostly in the West, in exchange for oil, gas and other leases.
What was the Termination Act of 1953?
Congress passes a resolution beginning a federal policy of termination, through which American Indian tribes will be disbanded and their land sold. A companion policy of “relocation” moves Indians off reservations and into urban areas.
How much money is in the Indian trust fund?
$634 million
How much money is in the Indian Trust Fund today? At present, the Indian Trust balance sits at over $634 million. This money is mostly divided into two types of Indian Moneys held in trust: $400 million in Capital Moneys: All money that comes from the sale of surrendered lands or capital assets.
How many IIM are in India?
20
Since 2007, fourteen new IIMs have been set up, bringing the total number of IIMs to 20, IIM-Jammu being the latest one, starting in 2016.