,,ii #aaith ,,congress #ast ,session ,s4 #gbc ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,february #be1 #bjbe,mr4 ,thune 7for himself1 ,ms4 ,smith1 and ,mr4 ,rounds7 introduced the following bill2 which was read twice and referred to the ,committee on ,indian ,affairs ,a ,,bill ,to require the ,bureau of ,indian ,affairs to process and complete all mortgage packages associated with residential and business mortgages on ,indian land by certain deadlines1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,tribal ,trust ,land ,homeownership ,act of #bjbe4 #b4 ,definitions ,in this ,act3 7#a7 ,applicable ,bureau office ,the term applicable ,bureau office means-- 7,a7 a ,regional office of the ,bureau2 7,b7 an ,agency office of the ,bureau2 or 7,c7 a ,land ,titles and ,records ,office of the ,bureau4 7#b7 ,bureau ,the term ,bureau means the ,bureau of ,indian ,affairs4 7#c7 ,director ,the term ,director means the ,director of the ,bureau4 7#d7 ,first certified title status report ,the term first certified title status report means the title status report needed to verify title status on ,indian land4 7#e7 ,indian land ,the term ,indian land has the meaning given the term in section #afb4jjc of title #be1 ,code of ,federal ,regulations 7as in effect on the date of enactment of this ,act74 7#f7 ,land mortgage ,the term land mortgage means a mortgage obtained by an individual ,indian who owns a tract of trust land for the purpose of-- 7,a7 home acquisition2 7,b7 home construction2 7,c7 home improvements2 or 7,d7 economic development4 7#g7 ,leasehold mortgage ,the term leasehold mortgage means a mortgage1 deed of trust1 or other instrument that pledges the leasehold interest of a lessee as security for a debt or other obligation owed by the lessee to a lender or other mortgagee4 7#h7 ,mortgage package ,the term mortgage package means a proposed residential leasehold mortgage1 business leasehold mortgage1 land mortgage1 or right-of-way document submitted to an applicable ,bureau office under section #c7;a77#a74 7#i7 ,relevant ,federal agency ,the term relevant ,federal agency means any of the following ,federal agencies that guarantee or make direct mortgage loans on ,indian land3 7,a7 ,the ,department of ,agriculture4 7,b7 ,the ,department of ,housing and ,urban ,development4 7,c7 ,the ,department of ,veterans ,affairs4 7#aj7 ,right-of-way document ,the term right-of-way document has the meaning given the term in section #afi4b of title #be1 ,code of ,federal ,regulations 7as in effect on the date of enactment of this ,act74 7#aa7 ,subsequent certified title status report ,the term subsequent certified title status report means the title status report needed to identify any liens against a residential1 business1 or land lease on ,indian land4 #c4 ,mortgage review and processing 7a7 ,review and processing deadlines 7#a7 ,in general ,as soon as practicable after receiving a proposed residential leasehold mortgage1 business leasehold mortgage1 land mortgage1 or right-of-way document1 the applicable ,bureau office shall notify the lender that the proposed residential leasehold mortgage1 business leasehold mortgage1 or right-of-way document has been received4 7#b7 ,preliminary review 7,a7 ,in general ,not later than #aj calendar days after receipt of a proposed residential leasehold mortgage1 business leasehold mortgage1 land mortgage1 or right-of-way document1 the applicable ,bureau office shall conduct and complete a preliminary review of the residential leasehold mortgage1 business leasehold mortgage1 land mortgage1 or right-of-way document to verify that all required documents are included4 7,b7 ,incomplete documents ,as soon as practicable1 but not more than #b calendar days1 after finding that any required documents are missing under subparagraph 7,a71 the applicable ,bureau office shall notify the lender of the missing documents4 7#c7 ,approval or disapproval 7,a7 ,leasehold mortgages ,not later than #bj calendar days after receipt of a complete executed residential leasehold mortgage or business leasehold mortgage1 proof of required consents1 and other required documentation1 the applicable ,bureau office shall approve or disapprove the residential leasehold mortgage or business leasehold mortgage4 7,b7 ,right-of-way documents ,not later than #cj calendar days after receipt of a complete executed right-of-way document1 proof of required consents1 and other required documentation1 the applicable ,bureau office shall approve or disapprove the right-of-way document4 7,c7 ,land ,mortgages ,not later than #cj calendar days after receipt of a complete executed land mortgage1 proof of required consents1 and other required documentation1 the applicable ,bureau office shall approve or disapprove the land mortgage4 7,d7 ,requirements ,the determination of whether to approve or disapprove a residential leasehold mortgage or business leasehold mortgage under subparagraph 7,a71 a right-of-way document under subparagraph 7,b71 or a land mortgage under subparagraph 7,c7-- 7i7 shall be in writing2 and 7ii7 in the case of a determination to disapprove a residential leasehold mortgage1 business leasehold mortgage1 right-of-way document1 or land mortgage shall1 state the basis for the determination4 7,e7 ,application ,this paragraph shall not apply to a residential leasehold mortgage or business leasehold mortgage with respect to ,indian land in cases in which the applicant for the residential leasehold mortgage or business leasehold mortgage is an ,indian tribe 7as defined in subsection 7d7 of the first section of the ,act of #aiee 7#fi ,stat4 #eci1 chapter #fae2 #abf ,stat4 #aaej2 #be ,u4,s4,c4 #dae7;d777 that has been approved for leasing under subsection 7h7 of that section 7#fi ,stat4 #eci1 chapter #fae2 #abf ,stat4 #aaea2 #be ,u4,s4,c4 #dae7;h774 7#d7 ,certified title status reports 7,a7 ,completion of reports 7i7 ,in general ,not later than #aj calendar days after the applicable ,bureau office approves a residential leasehold mortgage1 business leasehold mortgage1 land mortgage1 or right-of-way document under paragraph 7#c71 the applicable ,bureau office shall complete the processing of1 as applicable-- 7,i7 a first certified title status report1 if a first certified title status report was not completed prior to the approval of the residential leasehold mortgage1 business leasehold mortgage1 land mortgage1 or right-of-way document2 and 7,,ii7 a subsequent certified title status report4 7ii7 ,requests for first certified title status reports ,notwithstanding clause 7i71 not later than #ad calendar days after the applicable ,bureau office receives a request for a first certified title status report from an applicant for a residential leasehold mortgage1 business leasehold mortgage1 land mortgage1 or right-of-way document under paragraph 7#a71 the applicable ,bureau office shall complete the processing of the first certified title status report4 7,b7 ,notice 7i7 ,in general ,as soon as practicable after completion of the processing of1 as applicable1 a first certified title status report or a subsequent certified title status report under subparagraph 7,a71 but by not later than the applicable deadline described in that subparagraph1 the applicable ,bureau office shall give notice of the completion to the lender4 7ii7 ,form of notice ,the applicable ,bureau office shall give notice under clause 7i7-- 7,i7 electronically through secure1 encryption software2 and 7,,ii7 through the ,united ,states mail4 7iii7 ,option to opt out ,the lender may opt out of receiving notice electronically under clause 7ii77,i74 7b7 ,notices 7#a7 ,in general ,if the applicable ,bureau office does not complete the review and processing of mortgage packages under subsection 7a7 7including any corresponding first certified title status report or subsequent certified title status report under paragraph 7#d7 of that subsection7 by the applicable deadline described in that subsection1 immediately after missing the deadline1 the applicable ,bureau office shall provide notice of the delay in review and processing to-- 7,a7 the party that submitted the mortgage package or requested the first certified title status report2 and 7,b7 the lender for which the mortgage package 7including any corresponding first certified title status report or subsequent certified title status report7 is being requested4 7#b7 ,requests for updates ,in addition to providing the notices required under paragraph 7#a71 not later than #b calendar days after receiving a relevant inquiry with respect to a submitted mortgage package from the party that submitted the mortgage package or the lender for which the mortgage package 7including any corresponding first certified title status report or subsequent certified title status report7 is being requested or an inquiry with respect to a requested first certified title status report from the party that requested the first certified title status report1 the applicable ,bureau office shall respond to the inquiry4 7c7 ,delivery of first and subsequent certified title status reports ,notwithstanding any other provision of law1 any first certified title status report and any subsequent certified title status report1 as applicable1 shall be delivered directly to-- 7#a7 the lender2 7#b7 any local or regional agency office of the ,bureau that requests the first certified title status report or subsequent certified title status report2 7#c7 in the case of a proposed residential leasehold mortgage or land mortgage1 the relevant ,federal agency that insures or guarantees the loan2 and 7#d7 if requested1 any individual or entity described in section #aej4cjc of title #be1 ,code of ,federal ,regulations 7as in effect on the date of enactment of this ,act74 7d7 ,access to trust asset and accounting management system 7,,taams7 ,beginning on the date of enactment of this ,act1 the relevant ,federal agencies and ,indian ,tribes shall have read-only access to portals containing the relevant land documents from the ,trust ,asset and ,accounting ,management ,system 7commonly known as ,,taams7 maintained by the ,bureau4 7e7 ,annual report 7#a7 ,in general ,not later than ,march #a of each calendar year1 the ,director shall submit to the ,committee on ,indian ,affairs of the ,senate and the ,committee on ,natural ,resources of the ,house of ,representatives a report describing-- 7,a7 for the most recent calendar year1 the number of requests received to complete residential leasehold mortgage packages1 business leasehold mortgage packages1 land mortgage packages1 and right-of-way document packages 7including any requests for corresponding first certified title status reports and subsequent certified title status reports71 including a detailed description of-- 7i7 requests that were and were not successfully completed by the applicable deadline described in subsection 7a7 by each applicable ,bureau office2 and 7ii7 the reasons for each applicable ,bureau office not meeting any applicable deadlines2 and 7,b7 the length of time needed by each applicable ,bureau office during the most recent calendar year to provide the notices required under subsection 7b77#a74 7#b7 ,requirement ,in submitting the report required under paragraph 7#a71 the ,director shall maintain the confidentiality of personally identifiable information of the parties involved in requesting the completion of residential leasehold mortgage packages1 business leasehold mortgage packages1 land mortgage packages1 and right-of-way document packages 7including any corresponding first certified title status reports and subsequent certified title status reports74 7f7 ,,gao study ,not later than #a year after the date of enactment of this ,act1 the ,comptroller ,general of the ,united ,states shall submit to the ,committee on ,indian ,affairs of the ,senate and the ,committee on ,natural ,resources of the ,house of ,representatives a report that includes-- 7#a7 an evaluation of the need for residential leasehold mortgage packages1 business leasehold mortgage packages1 land mortgage packages1 and right-of-way document packages of each ,indian ,tribe to be digitized for the purpose of streamlining and expediting the completion of mortgage packages for residential mortgages on ,indian land 7including the corresponding first certified title status reports and subsequent certified title status reports72 and 7#b7 an estimate of the time and total cost necessary for ,indian ,tribes to digitize the records described in paragraph 7#a71 in conjunction with assistance in that digitization from the ,bureau4 #d4 ,establishment of ,realty ,ombudsman position 7a7 ,in general ,the ,director shall establish within the ,division of ,real ,estate ,services of the ,bureau the position of ,realty ,ombudsman1 who shall report directly to the ,secretary of the ,interior4 7b7 ,functions ,the ,realty ,ombudsman shall-- 7#a7 ensure that the applicable ,bureau offices are meeting the mortgage review and processing deadlines established by section #c7;a72 7#b7 ensure that the applicable ,bureau offices comply with the notices required under subsections 7a7 and 7b7 of section #c2 7#c7 serve as a liaison to other ,federal agencies1 including by-- 7,a7 ensuring the ,bureau is responsive to all of the inquiries from the relevant ,federal agencies2 and 7,b7 helping to facilitate communications between the relevant ,federal agencies and the ,bureau on matters relating to mortgages on ,indian land2 7#d7 receive inquiries1 questions1 and complaints directly from ,indian ,tribes1 members of ,indian ,tribes1 and lenders in regard to executed residential leasehold mortgages1 business leasehold mortgages1 land mortgages1 or right-of-way documents2 and 7#e7 serve as the intermediary between the ,indian ,tribes1 members of ,indian ,tribes1 and lenders and the ,bureau in responding to inquiries and questions and resolving complaints4