PlainBillCongress, translated.Legislation. Context. Public interest.Referred to Subcommittee on Oversight and Courts.
Congressional Research Service
Version 00 · Introduced in Senate · Nov 12, 1997
Authorizes the deposit, upon joint motion of the United States and the State of Alaska, and the issuance of an appropriate order by the United States District Court for the District of Alaska, of the joint trust funds or any portion thereof, including any interest accrued thereon, received or to be received by the United States and Alaska under the Agreement and Consent decree issued in United States v. Exxon Corporation (i.e., the Exxon Valdez oil spill consent decree), in appropriate accounts outside the Court Registry, including the Natural Resource Damage Assessment and Restoration Fund. Allows any interest accrued under the authority of this Act to be used only for grants for marine research and monitoring (including applied fisheries research) and for community and economic restoration projects (including projects proposed by the fishing industry and facilities). Authorizes the Federal trustees to administer such grants. Terminates the authority provided in this Act on September 30, 2002, unless by September 30, 2001, the trustees have submitted to the Congress a proposal to authorize in Federal statute a board to administer funds invested, interest received, and grants awarded from such interest.
People & committees
Sen. Murkowski, Frank H. [R-AK] · R–AK
Legislative record
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Referred to Subcommittee on Oversight and Courts.
Read twice and referred to the Committee on Judiciary.
Sponsor introductory remarks on measure. (CR S12507)
Introduced in Senate
Primary sources
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Source last updated: Aug 10, 2026. Consult Congress.gov for the current record.
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