To amend section 501 of the American Homeownership and Economic Opportunity Act of 2000 to provide for the establishment of the Lands Title Report Commission for Indian trust lands.

January 7, 2003

Mr. BEREUTER introduced the following bill; which was referred to the Committee on Financial Services

To amend section 501 of the American Homeownership and Economic Opportunity Act of 2000 to provide for the establishment of the Lands Title Report Commission for Indian trust lands.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the `American Indian Lands Title Report Commission Corrections Act'.

SEC. 2. LANDS TITLE REPORT COMMISSION.

(a) ESTABLISHMENT- Section 501(a) of the American Homeownership and Economic Opportunity Act of 2000 (25 U.S.C. 4043 note) is amended by striking `Subject to sums being provided in advance in appropriations Acts, there' and inserting `There'.

(b) APPOINTMENT OF MEMBERS- Section 501(b)(1) of the American Homeownership and Economic Opportunity Act of 2000 (25 U.S.C. 4043 note) is amended by striking `this Act' and inserting `the American Indian Lands Title Report Commission Corrections Act'.

(c) INITIAL MEETING- Section 501(c) of the American Homeownership and Economic Opportunity Act of 2000 (25 U.S.C. 4043 note) is amended by striking `the Chairperson of the Commission determines that sums sufficient for the Commission to carry out its duties under this Act have been appropriated for such purpose' and inserting `the completion of the appointment of the initial members pursuant to subsection (b)(1)'.

END