Establishing the Indian Heritage and Culture Grant Program and Fund to preserve Indian tribal history and culture; establishing the Indian Heritage and Culture Grant Fund as a special, nonlapsing fund and requiring interest earnings of the Fund to be credited to the Fund; authorizing the Governor to include in the annual operating budget an appropriation of $500,000 to the Fund; and requiring the Trust and the Commission to report annually on the financial status and activities of the Program and the Fund for the prior fiscal year.