,,ii #aag? ,,congress #b;d ,session ,s4 #ejdh ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,septemb] #bi1 #bjbb ,ms4 ,cortez ,ma/o 7= h]self1 ,mr4 ,wyd51 & ,mr4 ,s*atz7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to am5d ! ,int]nal ,rev5ue ,code ( #aihf to treat ,indian tribal gov]nm5ts 9 ! same mann] z ,/ate gov]nm5ts = c]ta9 ,f$]al tax purposes1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,native ,am]ican ,tax ,p>ity & ,relief ,act ( #bjbb4 #b4 ,f9d+s ,! ,congress f9ds ! foll[+3 7#a7 ,!re is a unique ,f$]al legal & political relation%ip betwe5 ! ,unit$ ,/ates & ,indian tribes4 7#b7 ,indian tribes h ! responsibility & au?ority to provide gov]nm5tal programs & s]vices to tribal citiz5s1 develop tribal economies1 & build community infra/ructure to ensure t ,indian res]vation l&s s]ve z livable1 p]man5t homes4 7#c7 ,! ,unit$ ,/ates ,con/itution1 ,unit$ ,/ates ,f$]al ,c\rt decisions1 ,executive ord]s1 & num]\s o!r ,f$]al laws & regulations recognize t ,indian tribes are gov]nm5ts1 reta9+ ! inh]5t au?ority to tax & op]ate z o!r gov]nm5ts1 includ+ 7int] alia7 f9anc+ projects ) gov]nm5t bonds & ma9ta9+ eligibility = g5]al tax exemptions via _! gov]nm5t /atus4 7#d7 ,codify+ tax p>ity ) respect to tribal gov]nm5ts is consi/5t ) ,f$]al treaties recogniz+ ! sov]eignty ( tribal gov]nm5ts4 7#e7 ,indian tribes face hi/oric disadvantages 9 access+ ! und]ly+ capital to build ! necess>y infra/ructure = job creation1 & c]ta9 /atutory re/rictions on tribal gov]nance fur!r inhibit tribes' ability to develop /rong gov]nance & economies4 7#f7 ,indian tribes are sometimes exclud$ f ! ,int]nal ,rev5ue ,code ( #aihf 9 key provisions :i* results 9 unfair tax treatm5t = tribal citiz5s or unequal en=cem5t au?ority = tribal en=cem5t ag5cies4 7#g7 ,congress is ve/$ ) ! au?ority to regulate comm]ce ) ,indian tribes1 & h]eby ex]cises t au?ority 9 a mann] :i* fur!rs tribal self-gov]nance1 & 9 do+ s1 fur!r affirms ! ,unit$ ,/ates gov]nm5t-to-gov]nm5t relation%ip ) ,indian tribes4 #c4 ,treatm5t ( ,indian ,tribes z ,/ates ) respect to bond issuance 7a7 ,9 g5]al ,section #ghga7;c7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ to read z foll[s3 7c7 ,special rules = tax-,exempt bonds 7#a7 ,9 g5]al ,9 apply+ section #adf to bonds issu$ by ,indian ,tribal ,gov]nm5ts ! ,secret>y %all annually-- 7,a7 e/abli% a national bond volume cap bas$ on ! great] (-- 7i7 ! ,/ate population =mula approa* 9 section #adf7;d77#a77;,a7 7us+ national ,tribal population e/imates suppli$ annually by ! ,dep>tm5t ( ! ,int]ior 9 consultation ) ! ,c5sus ,bureau71 & 7ii7 ! m9imum ,/ate ceil+ am\nt 9 section #adf7;d77#a77;,b7 7z adju/$ 9 accordance ) ! co/ ( liv+ provision 9 section #adf7;d77#b771 & 7,b7 "u regulations prescrib$ by ! ,secret>y1 allocate su* national bond volume cap among all ,indian ,tribal ,gov]nm5ts seek+ su* an allocation 9 a p>ticul> ye>4 7#b7 ,application ( geographic re/riction ,9 ! case ( national bond volume cap allocat$ "u p>agraph 7#a71 section #adf7k77#a7 %all n apply to ! ext5t t su* cap is us$ ) respect to f9anc+ = a facility locat$ on qualifi$ ,indian l&s4 7#c7 ,re/riction on f9anc+ ( c]ta9 gam+ facilities ,no portion ( ! volume cap allocat$ "u ?is subsection may be us$ ) respect to ! f9anc+ ( any portion ( a build+ 9 :i* class ,,ii or class ,,iii gam+ 7z def9$ 9 section #d ( ! ,indian ,gam+ ,regulatory ,act7 is conduct$ or h\s$ or any prop]ty actually us$ 9 ! conduct ( su* gam+4 7#d7 ,def9itions & special rules ,= purposes ( ?is subsection-- 7,a7 ,indian ,tribal gov]nm5t ,! t]m ,indian ,tribal ,gov]nm5t means ! gov]n+ body ( an ,indian ,tribe1 b&1 nation1 or o!r organiz$ gr\p or community1 or ( ,alaska ,natives1 :i* is recogniz$ z eligible = ! special programs & s]vices provid$ by ! ,unit$ ,/ates to ,indians because ( _! /atus z ,indians1 & also includes any ag5cies1 in/rum5talities or political subdivisions !re(4 7,b7 ,int]tribal consortiums1 etc ,9 any case 9 :i* an ,indian ,tribal ,gov]nm5t has au?oriz$ an int]tribal consortium1 a ,tribal organization1 or an ,alaska ,native regional or village corporation1 z def9$ 91 or e/abli%$ pursuant to1 ! ,alaska ,native ,claims ,settlem5t ,act1 to plan =1 coord9ate or o!rwise adm9i/] s]vices1 f9ances1 functions1 or activities on its behalf "u ?is subsection1 ! au?oriz$ entity %all h ! rights & responsibilities ( ! au?oriz+ ,indian ,tribal ,gov]nm5t only to ! ext5t provid$ 9 ! ,au?oriz+ resolution4 7,c7 ,qualifi$ indian l&s ,! t]m qualifi$ ,indian l&s %all mean an ,indian res]vation z def9$ 9 section #c7;d7 ( ! ,indian ,f9anc+ ,act ( #aigd 7#be ,u4,s4,c4 #adeb7;d771 includ+ l&s :i* are )9 ! jurisdictional area ( an ,oklahoma ,indian ,tribe 7z det]m9$ by ! ,secret>y ( ! ,int]ior7 & %all include l&s outside a res]vation :]e ! facility is to be plac$ 9 s]vice 9 connection )-- 7i7 ! active conduct ( a trade or bus9ess by an ,indian ,tribe on1 contigu\s to1 )9 reasonable proximity (1 or ) a sub/antial connection to1 an ,indian res]vation or ,alaska ,native village1 or 7ii7 infra/ructure 7includ+ roads1 p[] l9es1 wat] sy/ems1 railroad spurs1 & communication facilities7 s]v+ an ,indian res]vation or ,alaska ,native village4 4 7b7 ,con=m+ am5dm5t ,subp>agraph 7,b7 ( section #de7;c77#i7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ to read z foll[s3 7,b7 ,indian tribe ,= purposes ( ?is p>agraph1 ! t]m ,indian tribe means any ,indian tribe1 b&1 nation1 or o!r organiz$ gr\p or community :i* is recogniz$ z eligible = ! special programs & s]vices provid$ by ! ,unit$ ,/ates to ,indians because ( _! /atus z ,indians4 4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to obligations issu$ 9 cal5d> ye>s beg9n+ aft] ! date ( ! enactm5t ( ?is ,act4 #d4 ,treatm5t ( tribal f\ndations & *>ities l *>ities fund$ & controll$ by o!r gov]nm5tal fund]s & sponsors 7a7 ,9 g5]al ,section #agj7;b77#a7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ subp>agraph3 7,i7 ,treatm5t ( *>ities sub/antially fund$ by ,indian tribal gov]nm5ts ,= purposes ( subp>agraph 7,a77vi71 ! t]m gov]nm5tal unit includes an ,indian tribal gov]nm5t1 an ag5cy1 in/rum5tality1 or subdivision ( an ,indian tribal gov]nm5t1 or an entity e/abli%$ "u ,f$]al1 ,/ate1 or tribal law :i* is :olly own$ or controll$ by any ( ! =ego+4 4 7b7 ,c]ta9 support+ organizations ,section #eji7;a7 ( su* ,code is am5d$ by add+ at ! end ! foll[+3 ,= purposes ( p>agraph 7#c71 an organization describ$ 9 p>agraph 7#b7 %all be deem$ to include an ,indian tribal gov]nm5t1 an ag5cy1 in/rum5tality1 or subdivision ( an ,indian tribal gov]nm5t1 or an entity e/abli%$ "u ,f$]al1 ,/ate1 or tribal law :i* is :olly own$ or controll$ by any ( ! =ego+44 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ! date ( ! enactm5t ( ?is ,act4 #e4 ,improv+ effectiv5ess ( tribal *ild support en=cem5t ag5cies by p>ity ( access to ! ,f$]al p>5t locator s]vice & ,f$]al tax refund (fsets 7a7 ,access to f$]al p>5t locator s]vice ,section #dec7;c7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #fec7;c77 is am5d$-- 7#a7 by /rik+ & at ! end ( p>agraph 7#d72 7#b7 by /rik+ ! p]iod at ! end ( p>agraph 7#e7 & ins]t+ 2 &2 & 7#c7 by add+ at ! end ! foll[+3 7#f7 ! *ild support en=cem5t ag5cy ( an ,indian tribe or tribal organization t is eligible = a grant "u section #dee7;f74 4 7b7 ,improv+ ! collection ( pa/-,due *ild support f f$]al tax refunds 7#a7 ,am5dm5t to ! social security act ,section #dfd ( ! ,social ,security ,act 7#db ,u4,s4,c4 #ffd7 is am5d$ by add+ at ! end ! foll[+3 7d7 ,applicability to indian tribes & tribal organizations eligible = a grant "u ?is "p ,?is section1 except = ! requirem5t to di/ribute am\nts 9 accordance ) section #deg1 %all apply to an ,indian tribe or tribal organization eligible = a grant "u section #dee7;f7 9 ! same mann] 9 :i* ?is section applies to a ,/ate ) a plan approv$ "u ?is "p4 4 7#b7 ,am5dm5t to ! int]nal rev5ue code ,subsection 7c7 ( section #fdjb ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+3 ,= purposes ( ?is subsection1 any ref]5ce to a ,/ate %all include a ref]5ce to any ,indian tribe or tribal organization describ$ 9 section #dfd7;d7 ( ! ,social ,security ,act44 #f4 ,recogniz+ indian tribal gov]nm5ts = purposes ( det]m9+ "u ! adoption cr$it :e!r a *ild has special ne$s 7a7 ,9 g5]al ,section #bc7;d77#c7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$-- 7#a7 9 subp>agraph 7,a71 by ins]t+ or ,indian tribal gov]nm5t aft] a ,/ate2 & 7#b7 9 subp>agraph 7,b71 by ins]t+ or ,indian tribal gov]nm5t aft] su* ,/ate4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ! date ( ! enactm5t ( ?is ,act4 #g4 ,inclusion ( ,indian areas z difficult developm5t areas = purposes ( c]ta9 build+s 7a7 ,9 g5]al ,subclause 7,i7 ( section #db7;d77#e77;,b77iii7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by ins]t+ be=e ! p]iod ! foll[+3 1 & any ,indian area4 7b7 ,indian area ,clause 7iii7 ( section #db7;d77#e77;,b7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by r$esignat+ subclause 7,,ii7 z subclause 7,,iv7 & by ins]t+ aft] subclause 7,i7 ! foll[+ new subclauses3 7,,ii7 ,indian area ,= purposes ( subclause 7,i71 ! t]m ,indian area means any ,indian area 7z def9$ 9 section #d7aa7 ( ! ,native ,am]ican ,h\s+ ,assi/ance & ,self ,det]m9ation ,act ( #aiif 7#be ,u4,s4,c4 #dajc7aa7774 7,,iii7 ,special rule = build+s 9 ,indian areas ,9 ! case ( an area :i* is a difficult developm5t area solely because x is an ,indian area1 a build+ %all n be treat$ z locat$ 9 su* area unless su* build+ is assi/$ or f9anc$ "u ! ,native ,am]ican ,h\s+ ,assi/ance & ,self ,det]m9ation ,act ( #aiif 7#be ,u4,s4,c4 #daja et seq47 or ! project sponsor is an ,indian tribe 7z def9$ 9 section #de;,a7c77#f771 a tribally designat$ h\s+ entity 7z def9$ 9 section #d7bb7 ( su* ,act 7#be ,u4,s4,c4 #dajc7bb7771 or :olly own$ or controll$ by su* an ,indian tribe or tribally designat$ h\s+ entity4 4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to build+s plac$ 9 s]vice aft] ,decemb] #ca1 #bjba4 #h4 ,indian employm5t tax cr$it 7a7 ,ext5sion ,section #de;,a ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by /rik+ subsection 7f74 7b7 ,modification ( det]m9ation ( am\nt ( cr$it ,p>agraph 7#b7 ( section #de;,a7a7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ to read z foll[s3 7#b7 ! quoti5t (-- 7,a7 ! sum ( ! qualifi$ wages & qualifi$ employee heal? insurance co/s :i* 7 paid or incurr$ by ! employ] 7or any pr$ecessor7 dur+ ! two mo/ rec5t cal5d> ye>s end+ be=e ! beg9n+ ( su* taxable ye>1 divid$ by 7,b7 #b4 4 7c7 ,increas$ limitation ,section #de;,a7b77#c7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by /rik+ #bj1jjj & ins]t+ #cj1jjj4 7d7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjba4 #i4 ,new m>kets tax cr$it = tribal /ati/ical areas 7a7 ,additional allocations = tribal /ati/ical areas ,section #de;,d7f7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#d7 ,additional allocations = tribal /ati/ical areas 7,a7 ,9 g5]al ,9 ! case ( ea* cal5d> ye> aft] #bjba1 !re is 79 addition to any limitation "u any o!r p>agraph ( ?is subsection7 a new m>kets tax cr$it limitation ( #age1jjj1jjj :i* %all be allocat$ by ! ,secret>y z provid$ 9 p>agraph 7#b7 except t su* limitation may only be allocat$ ) respect to ,tribal ,/ati/ical ,areas4 7,b7 ,c>ryov] ( unus$ tribal /ati/ical area limitation 7i7 ,9 g5]al ,if ! cr$it limitation "u subp>agraph 7,a7 = any cal5d> ye> exce$s ! am\nt ( su* limitation allocat$ by ! ,secret>y = su* cal5d> ye>1 su* limitation = ! succe$+ cal5d> ye> %all be increas$ by ! am\nt ( su* excess4 7ii7 ,limitation on c>ryov] ,no am\nt ( cr$it limitation may be c>ri$ "u clause 7i7 pa/ ! #e? cal5d> ye> foll[+ ! cal5d> ye> 9 :i* su* am\nt ( cr$it limitation arose4 7iii7 ,transf] ( expir$ tribal /ati/ical area limitation to g5]al limitation ,9 ! case ( any am\nt ( cr$it limitation :i* w\ld 7b = clause 7ii77 be c>ri$ "u clause 7i7 to ! #f? cal5d> ye> foll[+ ! cal5d> ye> 9 :i* su* am\nt ( cr$it limitation arose1 ! new m>ket tax cr$it limitation "u p>agraph 7#a7 = su* #f? cal5d> ye> %all be increas$ by ! am\nt ( su* cr$it limitation4 7,c7 ,tribal ,/ati/ical ,area ,= purposes ( ?is p>agraph1 ! t]m ,tribal ,/ati/ical ,area means-- 7i7 any l[-income community :i* is locat$ 9 any ,tribal ,c5sus ,tract1 ,oklahoma ,tribal ,/ati/ical ,area1 ,tribal-,designat$ ,/ati/ical ,area1 ,alaska ,native ,village ,/ati/ical ,area1 or ,hawaiian ,home ,l&1 & 7ii7 any l[-income community describ$ 9 subsection 7e77#a77;,b74 4 7b7 ,eligibility ( c]ta9 bus9esses s]v+ tribal memb]s ,section #de;,d7e77#a7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ to read z foll[s3 7#a7 ,9 g5]al ,! t]m l[-income community means any area-- 7,a7 compris+ a population c5sus tract if-- 7i7 ! pov]ty rate = su* tract is at lea/ #bj p]c5t1 or 7ii7 7,i7 9 ! case ( a tract n locat$ )9 a metropolitan area1 ! m$ian family income = su* tract does n exce$ #hj p]c5t ( /atewide m$ian family income1 or 7,,ii7 9 ! case ( a tract locat$ )9 a metropolitan area1 ! m$ian family income = su* tract does n exce$ #hj p]c5t ( ! great] ( /atewide m$ian family income or ! metropolitan area m$ian family income1 or 7,b7 :i* is us$ = a qualifi$ active l[-income community bus9ess :i*-- 7i7 s]vices a significant population ( ,tribal or ,alaska ,native ,village memb]s :o are resid5ts ( a l[-income community describ$ 9 subsection 7f77#e77;,c77i71 & 7ii7 obta9s a writt5 /atem5t f ! relevant ,indian ,tribal ,gov]nm5t 7)9 ! mean+ ( section #ghga7;c77 t docum5ts ! eligibility ( su* qualifi$ active l[-income community bus9ess ) respect to ! requirem5t ( clause 7i74 ,subp>agraph 7,a77ii7 %all be appli$ us+ possession wide m$ian family income 9 ! case ( c5sus tracts locat$ )9 a possession ( ! ,unit$ ,/ates4 4 7c7 ,regulatory au?ority ,section #de;,d7i7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by /rik+ & at ! end ( p>agraph 7#e71 by /rik+ ! p]iod at ! end ( p>agraph 7#f7 & ins]t+ 1 &1 & by add+ at ! end ! foll[+ new p>agraph3 7#g7 :i* provide docum5tation requirem5ts = ! writt5 /atem5t requir$ "u subsection 7e77#a77;,b77ii71 & 7#h7 :i* provide proc$ures = id5tify+ qualifi$ l[-income community bus9esses :i* meet ! requirem5ts ( subsection 7e77#a77;,b77i7 7tak+ into acc\nt ! location ne$ ( su* bus9esses1 especially ) bus9esses t s]ve multiple tribal or ,alaska ,native ,village communities4 4 7d7 ,effective date ,! am5dm5ts made by ?is section %all apply to new m>kets tax cr$it limitation det]m9$ = cal5d> ye>s aft] ,decemb] #ca1 #bjba4 #aj4 ,tribal g5]al welf>e programs cl>ification 7a7 ,9 g5]al ,section #afab7;b7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #achb;a7b77 is am5d$ by /rik+ 2 & at ! end ( p>agraph 7#be71 by /rik+ ! p]iod at ! end ( p>agraph 7#bf7 & ins]t+ 2 &1 & by add+ at ! end ! foll[+ new p>agraph3 7#bg7 any ,indian g5]al welf>e b5efit 7z def9$ 9 section #aci;,e ( ! ,int]nal ,rev5ue ,code ( #aihf74 4 7b7 ,exclusion f res\rces ,section #afac7;a7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #achb;b7a77 is am5d$ by /rik+ 2 & at ! end ( p>agraph 7#af71 by /rik+ ! p]iod at ! end ( p>agraph 7#ag7 & ins]t+ 2 &1 & by ins]t+ aft] p>agraph 7#ag7 ! foll[+ new p>agraph3 7#ah7 = ! #i-mon? p]iod beg9n+ aft] ! mon? 9 :i* receiv$1 any ,indian g5]al welf>e b5efit 7)9 ! mean+ ( section #aci;,e ( ! ,int]nal ,rev5ue ,code ( #aihf74 4