118 STAT. 807 PUBLIC LAW 108–270—JULY 7, 2004 in accordance with regulations promulgated by the Sec retary. (D) INDIVIDUALS UNDER THE AGE OF 19.—The per capita share of an individual who is not yet 19 years of age on the date of distribution of the Western Shoshone judg ment funds under paragraph (1) shall be— (i) held by the Secretary in a supervised individual Indian money account; and (ii) distributed to the individual— (I) after the individual has reached the age of 18 years; and (II) in 4 equal payments (including interest earned on the per capita share), to be made— (aa) with respect to the first payment, on the eighteenth birthday of the individual (or, if the individual is already 18 years of age, as soon as practicable after the date of establishment of the Indian money account of the individual); and (bb) with respect to the 3 remaining pay ments, not later than 90 days after each of the 3 subsequent birthdays of the individual. (3) APPLICABLE LAW.—Notwithstanding section 7 of the Indian Tribal Judgment Funds Use or Distribution Act (25 U.S.C. 1407), a per capita share (or the availability of that share) paid under this section shall not— (A) be subject to Federal or State income taxation; (B) be considered to be income or resources for any purpose; or (C) be used as a basis for denying or reducing financial assistance or any other benefit to which a household or Western Shoshone member would otherwise be entitled to receive under— (i) the Social Security Act (42 U.S.C. 301 et seq.); or (ii) any other Federal or federally assisted pro gram. (4) UNPAID FUNDS.—The Secretary shall add to the Western Shoshone joint judgment funds held in the Trust Fund under section 4(b)(1)— (A) all per capita shares (including interest earned on those shares) of living competent adults listed on the judgment roll that remain unpaid as of the date that is— (i) 6 years after the date of distribution of the Western Shoshone judgment funds under paragraph (1); or (ii) in the case of an individual described in para graph (2)(D), 6 years after the date on which the indi vidual reaches 18 years of age; and (B) any other residual principal and interest funds remaining after the distribution under paragraph (1) is complete. SEC. 4. DISTRIBUTION OF WESTERN SHOSHONE JOINT JUDGMENT FUNDS. (a) IN GENERAL.—The Western Shoshone joint judgment funds shall be distributed in accordance with this section.
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