3.0.0 5048 2023-02-14T14:25:47Z 2023-02-14T14:25:47Z Senate S 2022-09-29 117 ssfi00 Finance Committee Senate Standing Referred to 2022-09-29T22:15:44Z 2022-09-29 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2022-09-29 Introduced in Senate IntroReferral 10000 9 Library of Congress C001113 Sen. Cortez Masto, Catherine [D-NV] Catherine Cortez Masto D NV N W000779 Sen. Wyden, Ron [D-OR] Ron Wyden D OR 2022-09-29 True S001194 Sen. Schatz, Brian [D-HI] Brian Schatz D HI 2022-09-29 True Taxation Taxation 00 2022-09-29 Introduced in Senate 2023-02-09T19:57:15Z Native American Tax Parity and Relief Act of 2022

This bill makes changes to the Internal Revenue Code to treat Indian tribal governments in the same manner as their state counterparts for tax purposes. Among other changes, the bill

  • treats Indian tribes as states for purposes of the issuance of tax-exempt bonds,
  • equalizes the tax treatment of charities funded by Indian tribal governments,
  • enhances the ability of tribal governments to enforce child support orders,
  • expands the special-needs adoption tax credit to apply to adoptions ratified by a tribal court,
  • designates certain Indian areas as difficult development areas for purposes of the low-income housing tax credit,
  • increases the amount of wages and benefits taken into account for purposes of determining the Indian employment tax credit, and
  • creates an annual $175 million New Markets Tax Credit for low-income tribal communities and for projects that serve or employ Tribe members.
]]> Native American Tax Parity and Relief Act of 2022 Display Title Native American Tax Parity and Relief Act of 2022 Short Title(s) as Introduced Native American Tax Parity and Relief Act of 2022 Introduced in Senate IS Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to treat Indian tribal governments in the same manner as State governments for certain Federal tax purposes, and for other purposes. Introduced in Senate IS Introduced in Senate 2022-09-29T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s5048is/xml/BILLS-117s5048is.xml 2022-09-29 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.