Extracted text

OCR Page 1 of 12
JUL 21 '00 13:30 FR SEN JEFF BINGAMAN 202 224 2852 TO 94562889 P.02/04 U.S. Senator JEFF BINGAMAN NEW MEXICO 703 HART SENATE OFFICE BUILDING, WASHINGTON, D.C. 20510 CONTACT JIM BONHAM OR JUDE McCARTIN (202) 224-1804 For immediate release: Thursday, July 20, 2000 SENATE APPROVES BINGAMAN AMENDMENT TO ASSIST TRIBAL ECONOMIC DEVELOPMENT INITIATIVES WASHINGTON, DC- The Senate tonight approved an amendment written by U.S. Senator Jeff Bingaman that sets aside $24 million to assist Native American tribes' efforts to encourage economic development, upgrade tribal colleges, and for much-needed water projects. Bingaman's amendment is now part of the fiscal year 2001 Agriculture Appropriations Bill, which was also approved tonight. A House-Senate panel will convene to reconcile differences in the spending bill before the measure can be sent to the President. The legislation funds rural development initiatives through the U.S. Department of Agriculture (USDA). "This funding would help tribes encourage economic development on many fronts. Not only does it dedicate funding directly for job creation, it also helps improve tribal college facilities and makes it possible for tribes to upgrade basic infrastructure," Bingaman said. "Having a well prepared workforce and good infrastructure are both very important economic development tools, especially in rural parts of our state and country." "Last year, USDA proved to be a valuable resource for New Mexico Indian tribes in water and waste water projects. This year we are expanding USDA participation on Indian lands to Indian tribal colleges that are greatly in need of facility improvements. In addition, we are encouraging more Indian participation in USDA's rural business grant program by setting aside $4 million. USDA is a welcome partner in improving infrastructure and business opportunities for American Indians," said Pete Domenici, co-sponsor of Bingaman's amendment. The $24 million would break down as follows: $15 million for water and wastewater projects for tribes that cannot afford loans. Funding would be through USDA's Rural Utility Service. Bingaman sponsored a similar amendment to the fiscal year 2000 Agriculture Appropriations Bill. Zuni and Picuris pueblos in New Mexico received funding this year from that $12 million appropriation. $5 million for community facility grants for new facilities at tribal colleges. Federal funding can be used to cover up to 75 percent of the school's cost. $3 million for rural business enterprise grants to support the development of small and emerging tribal business enterprises, including the acquisition and development of land, and the construction of buildings. $1 million for rural business opportunity grants. Funds would be used to analyze tribal business opportunities; to identify, train and provide technical assistance to rural entrepreneurs and managers; establish business support centers to conduct economic development planning and leadership development; and to establish centers for training. - 30 -