Utah Navajo Trust Fund Act of 2009 - Directs each Utah Navajo Chapter to conduct a binding election on the same day in accordance with this Act to select a representative to the Utah Navajo Trust Fund Commission.
Sets forth election provisions.
Establishes a Utah Navajo Trust Fund Commission within 90 days after enactment of this Act. Sets forth Commission responsibilities, including: (1) selecting an independent Trust Administrator for the Utah Navajo Trust Fund; (2) ensuring that Trust amounts are invested, managed, and administered for the health, education, and general welfare of the beneficiaries; (3) ensuring that Navajos living outside of the Navajo Nation in San Juan County, Utah, remain eligible for Fund educational assistance; (4) conducting an annual assessment to determine the eligible uses of Trust assets; and (5) establishing and maintaining a census of eligible beneficiaries.
Directs Utah: (1) within 90 days after selection of a Trust Administrator, to prepare an audit and accounting of the Trust assets in the Utah Navajo Trust Fund, as established and administered by Utah prior to passage of this Act; and (2) within 120 days after selection of a Trust Administrator, to transfer Trust assets to the Trust Administrator who shall establish the Utah Navajo Trust Fund with such assets.
Introduced in House
Introduced in House
Referred to the House Committee on Natural Resources.
Committee Hearings Held.
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