What this bill does
AI plain-language summaryThis bill sets up a three-way land and mineral rights exchange in Montana between the federal government, the Crow Tribe of Montana, and a private family trust called the Hope Family Trust. Under the deal, the federal government would give up a coal lease near Roundup, Montana, the Hope Family Trust would give about 4,660 acres of underground mineral rights on the Crow Indian Reservation to the tribe, and the federal government would give about 4,530 acres of underground mineral rights and 940 acres of surface land in Musselshell County to the Hope Family Trust. Before any of this happens, the tribe and the Hope Family Trust must agree on how to share money made from developing the land in Musselshell County, and the mineral rights given to the tribe would be held in trust by the federal government and would not be subject to state or local taxes.
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