<?xml version="1.0" encoding="utf-8" standalone="no"?>
<billStatus>
  <version>3.0.0</version>
  <bill>
    <number>1542</number>
    <updateDate>2023-01-15T06:17:46Z</updateDate>
    <updateDateIncludingText>2023-01-15T06:17:46Z</updateDateIncludingText>
    <originChamber>Senate</originChamber>
    <originChamberCode>S</originChamberCode>
    <type>S</type>
    <introducedDate>2003-07-31</introducedDate>
    <congress>108</congress>
    <committees>
      <item>
        <systemCode>ssfi00</systemCode>
        <name>Finance Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Referred to</name>
            <date>2003-08-01T02:06:20Z</date>
          </item>
        </activities>
      </item>
    </committees>
    <actions>
      <item>
        <actionDate>2003-07-31</actionDate>
        <committees>
          <item>
            <systemCode>ssfi00</systemCode>
            <name>Finance Committee</name>
          </item>
        </committees>
        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>Read twice and referred to the Committee on Finance.</text>
        <type>IntroReferral</type>
      </item>
      <item>
        <actionDate>2003-07-31</actionDate>
        <text>Introduced in Senate</text>
        <type>IntroReferral</type>
        <actionCode>10000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
    </actions>
    <sponsors>
      <item>
        <bioguideId>J000177</bioguideId>
        <fullName>Sen. Johnson, Tim [D-SD]</fullName>
        <firstName>TIM</firstName>
        <lastName>JOHNSON</lastName>
        <party>D</party>
        <state>SD</state>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Native Americans</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Alaska</name>
        </item>
        <item>
          <name>Bank accounts</name>
        </item>
        <item>
          <name>Branch banking</name>
        </item>
        <item>
          <name>Capital investments</name>
        </item>
        <item>
          <name>College costs</name>
        </item>
        <item>
          <name>Commerce</name>
        </item>
        <item>
          <name>Community development</name>
        </item>
        <item>
          <name>Congress</name>
        </item>
        <item>
          <name>Congressional reporting requirements</name>
        </item>
        <item>
          <name>Cost of living adjustments</name>
        </item>
        <item>
          <name>Economics and Public Finance</name>
        </item>
        <item>
          <name>Education</name>
        </item>
        <item>
          <name>Finance and Financial Sector</name>
        </item>
        <item>
          <name>Higher education</name>
        </item>
        <item>
          <name>Home ownership</name>
        </item>
        <item>
          <name>Housing and Community Development</name>
        </item>
        <item>
          <name>Housing finance</name>
        </item>
        <item>
          <name>Income tax</name>
        </item>
        <item>
          <name>Indexing (Economic policy)</name>
        </item>
        <item>
          <name>Indian economic development</name>
        </item>
        <item>
          <name>Indian housing</name>
        </item>
        <item>
          <name>Indian lands</name>
        </item>
        <item>
          <name>Indigenous peoples</name>
        </item>
        <item>
          <name>Infrastructure</name>
        </item>
        <item>
          <name>Interest</name>
        </item>
        <item>
          <name>Investment tax credit</name>
        </item>
        <item>
          <name>Law</name>
        </item>
        <item>
          <name>Low-income housing</name>
        </item>
        <item>
          <name>Minorities</name>
        </item>
        <item>
          <name>Personal budgets</name>
        </item>
        <item>
          <name>Poverty</name>
        </item>
        <item>
          <name>Saving and investment</name>
        </item>
        <item>
          <name>Securities regulation</name>
        </item>
        <item>
          <name>Small business</name>
        </item>
        <item>
          <name>Social Welfare</name>
        </item>
        <item>
          <name>Stockholders</name>
        </item>
        <item>
          <name>Tax credits</name>
        </item>
        <item>
          <name>Tax exclusion</name>
        </item>
        <item>
          <name>Tax-exempt securities</name>
        </item>
        <item>
          <name>Taxation</name>
        </item>
        <item>
          <name>Trusts and trustees</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Native Americans</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2003-07-31</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2003-09-29T20:51:10Z</updateDate>
        <text><![CDATA[ <p>Tribal Economic Enhancement Act of 2003 - Amends the Internal Revenue Code to: (1) permit certain Indian governments or subdivisions to make the subchapter S (small business) election; (2) permit tax exemption for interest from tribal bonds; (3) exempt from volume cap limits any qualified bond of an Indian tribal government; (4) modify requirements concerning the authority of tribal governments to issue tax-exempt bonds; (5) require consideration of Indian housing waiting lists for low-income housing credit allocations; and (6) provide for an Indian set-aside for the new markets tax credit.</p> <p>Savings for Working Families Act of 2003 - States as a purpose of this Act to provide for the establishment of individual development account programs that will provide individuals and families with limited means an opportunity to accumulate assets and to enter the financial mainstream. Provides procedures for opening and maintaining such an account and qualifying for matching funds.</p> <p>Amends Federal law concerning national banks to permit the establishment of de novo branches on Indian lands.</p>]]></text>
      </summary>
    </summaries>
    <title>Tribal Economic Enhancement Act of 2003</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Tribal Economic Enhancement Act of 2003</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>A bill to amend the Internal Revenue Code of 1986 to enhance the economic future of Native Americans.</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Tribal Economic Enhancement Act of 2003</title>
      </item>
      <item>
        <titleType>Short Titles as Introduced for portions of this bill</titleType>
        <title>Savings for Working Families Act of 2003</title>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in Senate</type>
        <date>2003-07-31T04:00:00Z</date>
        <formats/>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2003-07-31</actionDate>
      <text>Read twice and referred to the Committee on Finance.</text>
    </latestAction>
  </bill>
  <dublinCore xmlns:dc="http://purl.org/dc/elements/1.1/">
    <dc:format>text/xml</dc:format>
    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
  </dublinCore>
</billStatus>
