S. 239
Crow Revenue Act
Summary:
• The bill, called the "Crow Revenue Act," directs a land exchange in which the Hope Family Trust conveys approximately 4,660 acres of mineral interests in Big Horn County, Montana to the Crow Tribe, while receiving approximately 4,530 acres of subsurface and 940 acres of surface interests in Musselshell County, Montana from the United States in return.
• The mineral interests conveyed to the Crow Tribe shall be held in trust by the United States upon the Tribe's request and will not be subject to taxation by the State of Montana or its subdivisions.
• Before the exchange occurs, the Crow Tribe must notify the Secretary of the Interior in writing that the Tribe and the Hope Family Trust have agreed on a revenue-sharing formula for any future development of the Bull Mountains Tracts.
---
• The mineral interests conveyed to the Crow Tribe shall be held in trust by the United States upon the Tribe's request and will not be subject to taxation by the State of Montana or its subdivisions.
• Before the exchange occurs, the Crow Tribe must notify the Secretary of the Interior in writing that the Tribe and the Hope Family Trust have agreed on a revenue-sharing formula for any future development of the Bull Mountains Tracts.
---