The Senate passed the Cobell vs. Salazar Settlement on 11/19/10 when approving H.R. 4783. On November 19, 2010, the U.S. Senate passed legislation approving the Cobell v. Salazar class action settlement and authorizing $3.4 billion in funds. The bill will be sent to the U.S. House of Representatives, where it must also pass in order to become law.
This step in the settlement of the Cobell vs. Salazar class action suit is the fruit of a twelve-year battle of Native Americans with Individual Money Accounts (IMA)to force the U.S. Government to provide an accurate accounting of the money in their accounts held in trust by the Bureau of Indian Affairs and to make reparations for mishandling.
For access to the key documents in the case go to: http://www.cobellsettlement.com/docs/key_docs.php.