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Transfer of Mineral Rights to Crow Tribe and Federal Trust Status.

This law transfers specific mineral rights in Montana from the Hope Family Trust to the Crow Tribe. These assets will be placed under federal trust status, meaning they will be exempt from state and local taxation. The change aims to enhance the financial independence of the Crow Tribe through potential future revenue from resource development.
Key points
Mineral rights (Hope Family Tracts) are transferred to the Crow Tribe and placed under federal trust status.
The Tribe's trust lands and mineral interests are exempt from State and local taxation in Montana.
The Crow Tribe and the Hope Family Trust must agree on a formula for sharing future revenue from resource development.
Receiving these rights will not reduce or deny the Tribe or its members any existing federal benefits.
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Additional Information
Print number: 118_HR_8952
Sponsor: Rep. Zinke, Ryan K. [R-MT-1]
Process start date: 2024-07-08