A bill to declare that all right, title, and interest of the United States in 2,640 acres, more or less, are hereby held by the United States in trust for the Paiute and Shoshone Tribes of the Fallon Indian Reservation, Nevada to promote the economic self-sufficiency of the Paiute and Shoshone Tribes.

Declares that all right, title, and interest of the United States in approximately 2,640 acres are hereby held by the United States in trust for the Paiute-Shoshone Tribes of the Fallon Indian Reservation, Nevada.

Entitles the Tribes to the revenues reserved by the United States from specified uses of such land.

Authorizes and directs the Secretary of the Interior to transfer the right to the use of water appurtenant to other lands within the Reservation to the lands held in trust under this Act.

Authorizes and directs the Secretary of the Interior to do the following: (1) improve and extends the existing irrigation system; (2) make loans to the Paiute and Shoshone Tribes for land subjugation purposes; and (3) make grants to such tribes for the development and implementation of plans for efficient use of irrigated reservation lands.

Authorizes appropriations to carry out this Act.