Title
AN ACT AMENDING LA-12-19; THE HOUSING, JOBS, AND SUSTAINABLE COMMUNITIES ACT OF 2019
Body
BE IT ENACTED BY THE CHEROKEE NATION:
Section 1. Title and Codification
This legislative act shall be titled and codified as the “Housing, Jobs, and Sustainable Communities Act Amendment of 2019”.
Section 2. Purpose
The purpose of this Act is to authorize funding in an amount of $30 million dollars to fund housing rehabilitation, create additional jobs in construction and related fields, improve the long-term financial and environmental sustainability of Cherokee Community Buildings, and to otherwise provide for the welfare of Cherokee citizens.
A. The funding source is dividends received from those for-profit corporations in which Cherokee Nation is the sole or majority shareholder, and that are incorporated under Cherokee Nation law. Other sources of funding, such as grants, miscellaneous sources and contributions, revenues of enterprises, taxes, and special and general fund sources, may be used to supplement this funding in order to maximize the beneficial impact through a cohesive strategy to achieve the Purpose as identified herein.
Section 3. Policy of Accountability
A. All funds pursuant to this Act under the care of the Cherokee Nation shall be expended as authorized by this enactment unless amended.
B. Any official who intentionally and willfully misuses, misapplies, diverts or embezzles the application or use of any public funds entrusted to the care of the Cherokee Nation from any sources may be prosecuted according to applicable criminal statutes.
Section 4. Substantive Provisions
§ 1. Amounts Authorized.
A. A total amount of $30 million dollars is authorized under this enactment as follows:
1. An amount of $20 million dollars is authorized during fiscal year 2020.
2. An amount of $5 million dollars is authorized during fiscal year 2021.
3. An amount of $5 million dollars is authorized issued during fiscal year 2022.
B. The funds aut...
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