3.0.0 1850 2023-01-11T20:41:27Z 2023-01-11T20:41:27Z Senate S S 2007-07-23 110 ssfi00 Finance Committee Senate Standing Referred to 2007-07-23T19:51:06Z 2007-07-23 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2007-07-23 Introduced in Senate IntroReferral 10000 9 Library of Congress S001142 Sen. Smith, Gordon H. [R-OR] GORDON SMITH R OR H. N B000243 Sen. Baucus, Max [D-MT] MAX BAUCUS D MT SIEBEN 2007-07-23 True T000464 Sen. Tester, Jon [D-MT] Jon Tester D MT 2007-07-26 False D000432 Sen. Dorgan, Byron L. [D-ND] BYRON DORGAN D ND LESLIE 2007-07-26 False J000177 Sen. Johnson, Tim [D-SD] TIM JOHNSON D SD 2007-10-18 False W000779 Sen. Wyden, Ron [D-OR] Ron Wyden D OR 2008-07-23 False Taxation Bonds Economics and Public Finance Finance and Financial Sector Housing and Community Development Income tax Indian economic development Minorities Securities regulation Tax exemption Taxation 00 2007-07-23 Introduced in Senate 2007-10-23T16:47:32Z Tribal Government Tax-Exempt Bond Parity Act of 2007 - Amends the Internal Revenue Code to permit the issuance of tax-exempt bonds by an Indian tribal government or subdivision if: (1) at least 95 percent of the net proceeds are used to finance facilities on the Indian reservation of such Indian tribal government; or (2) the obligation is part of an issue substantially all of whose proceeds are to be used in the exercise of an essential government function. Excludes an obligation used to finance any part of a building in which class II or III gaming is conducted or housed or any other property actually used in the conduct of such gaming.

Amends the Securities Act of 1933 to exempt obligations issued by an Indian tribal government or subdivision from registration requirements.]]>

Tribal Government Tax-Exempt Bond Parity Act of 2007 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to provide for the treatment of Indian tribal governments as State governments for purposes of issuing tax-exempt governmental bonds, and for other purposes. Introduced in Senate IS Display Title Tribal Government Tax-Exempt Bond Parity Act of 2007 Short Titles as Introduced Tribal Government Tax-Exempt Bond Parity Act of 2007 Introduced in Senate 2007-07-23T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s1850is/xml/BILLS-110s1850is.xml 2007-07-23 Read twice and referred to the Committee on Finance. text/xml EN 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. Congressional Research Service, Library of Congress 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.