25 U.S.C. § 1407 : US Code - Section 1407: Tax exemption; resources exemption limitation

Search 25 U.S.C. § 1407 : US Code - Section 1407: Tax exemption; resources exemption limitation

None of the funds which -
(1) are distributed per capita or held in trust pursuant to a
plan approved under the provisions of this chapter, or (!1)
(2) on January 12, 1983, are to be distributed per capita or
are held in trust pursuant to a plan approved by the Congress
prior to January 12, 1983,
(3) were distributed pursuant to a plan approved by Congress
after December 31, 1981 but prior to January 12, 1983, and any
purchases made with such funds, or
(4) are paid by the State of Minnesota to the Bois Forte Band
of Chippewa Indians pursuant to the agreements of such Band to
voluntarily restrict tribal rights to hunt and fish in territory
cede (!2) under the Treaty of September 30, 1854 (10 Stat. 1109),
including all interest accrued on such funds during any period in
which such funds are held in a minor's trust,
including all interest and investment income accrued thereon while
such funds are so held in trust, shall be subject to Federal or
State income taxes, nor shall such funds nor their availability be
considered as income or resources nor otherwise utilized as the
basis for denying or reducing the financial assistance or other
benefits to which such household or member would otherwise be
entitled under the Social Security Act [42 U.S.C. 301 et seq.] or,
except for per capita shares in excess of $2,000, any Federal or
federally assisted program.