Natural Resources Equity Act of 1989

Natural Resources Equity Act of 1989 - Provides for the interpretation of certain provisions of the 1837 and 1842 treaties with the Chippewa Indians in a manner which would result in an Indian tribal beneficiary of such treaties not being allocated over ten percent of the safe harvest from any lake or other discrete fishery of Wisconsin.

Provides that to the extent the application of such provisions results in a reduced safe harvest allocation, it shall represent a taking of such right. Requires the cost of such right to be determined pursuant to U.S. Claims Court proceedings and borne equally between the State of Wisconsin and the U.S. Government.