A bill to allow variable interest rates for Indian funds held in trust by the United States.
Public Law 98-451 · S. 2000 · 98th Congress · began in the Senate
Signed by Ronald Reagan (R) on Oct 4, 1984 · Native Americans
Sponsor: Sen. Mark Andrews (R-ND)
Cosponsors: None
Passage votes
- HouseVoice vote
- SenateVoice vote
Data notes
The final version of the law, as each chamber passed it. A chamber that passed it by voice vote or unanimous consent has no count. “Method not stated” means the record does not say how the chamber voted. Where the record has a member-by-member vote, the “Who voted for it” section shows who voted yea.
Summary
The Congressional Research Service’s plain-language summary of what the law does.
Amends Federal law to direct the Secretary of the Treasury to invest Indian trust funds in interest bearing public debt securities at rates determined by the Secretary.
Committees
The committees the bill was sent to, and what each did with it.
Indian Affairs Committee · Senate · hearings by (full committee), markup by, referred to, reported by
Data notes
A committee links to its page only where it exists in the current Congress; older and renamed committees are named without a link.
Timeline
From introduction to signing, newest first: the committees, the floor and the president. 14 actions.
- Oct 4, 1984Became lawBecame law · Became Public Law No: 98-451.
- Became lawBecame law · Signed by President.
- Sep 26, 1984PresidentPresident · Presented to President.
- Sep 21, 1984Resolving differencesResolving differences · Senate agreed to the House amendment. By Voice Vote.
- Sep 17, 1984FloorFloor · Passed House (Amended) by Voice Vote.
- Aug 31, 1984CommitteeCommittee · Reported by House Natural Resources Committee
- Aug 8, 1984CommitteeCommittee · Markup by House Natural Resources Committee
- May 24, 1984CommitteeCommittee · Referred to House Natural Resources Committee
- May 23, 1984FloorFloor · Passed Senate with amendments by Voice Vote.
- Apr 24, 1984CommitteeCommittee · Reported by Senate Indian Affairs Committee
- Apr 9, 1984CommitteeCommittee · Markup by Senate Indian Affairs Committee
- Feb 3, 1984CommitteeCommittee · Hearings by Senate Indian Affairs Committee
- Oct 25, 1983CommitteeCommittee · Referred to Senate Indian Affairs Committee
- IntroducedIntroduced · Introduced in the Senate
Data notes
Shows the introduction, each committee and subcommittee step the source dates (referral, hearings, markup, report, discharge), and the floor, conference, presidential and became-law steps. Calendar placements, messages between the chambers, amendments and committee report numbers are not shown for laws before the 108th Congress. Two entries the source lists twice are shown once.
Official record
The bill’s full text and every action, including introduction and committee steps, are on Congress.gov. Data through Oct 7, 2026.