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OCR Page 1 of 719-14-00
S. 2580
Concerns raised by Administration
Agree that tribes should be allowed to issue tax credit bonds even when sinking funds have not
been created. This proposal is intended to be a pilot program to implement the President's
request for funds to defease the cost of bonds for approved tribes. Request technical assistance to
allow for other tribes to take advantage of the bonding authority.
Would like Indian Affairs to report an intact bill, with tax provisions, to retain program integrity.
Understand free-standing bill could not go forward in this form. Willing to conform tax
provisions to Johnson-Rangel.
Sec 2 (4) Definition of Tribal Schools. Agree to allow BIA-operated schools to be eligible
(although tribes may be reluctant to issue bonds for BIA-operated schools.)
Sec 2 (5) Definition of Tribe. Agree to refer to definition of Indian Tribal government used in
Section 7701 of the Int Rev code. (Definition follows.)
(40) Indian tribal government
(A) In general
The term "Indian tribal government" means the governing
body of any tribe, band, community, village, or group of
Indians, or (if applicable) Alaska Natives, which is determined
by the Secretary, after consultation with the Secretary of the
Interior, to exercise governmental functions.
(B) Special rule for Alaska Natives
No determination under subparagraph (A) with respect to
Alaska Natives shall grant or defer any status or powers other
than those enumerated in section 7871. Nothing in the Indian
Tribal Governmental Tax Status Act of 1982, or in the
amendments made thereby, shall validate or invalidate any claim