A bill providing for the study of, and formulation of legislative proposals as to, the implementation of the transfer of mineral interests under the Northern Cheyenne Allotment Act, act of June 3, 1926 (44 Stat. 690), as amended.

Imposes a one- year moratorium on mineral leasing activities on lands within the Northern Cheyenne Indian Reservation in Montana in the event property rights to the minerals in such lands are found not to be vested in the tribe in perpetuity. Requires a legislative study during such time for the purpose of proposing suitable protective legislation based on the outcome of pending litigation.