Indian Tribal Governmental Tax Status Act- Affords to recognized Indian tribes the tax treatment now available to State governments. Defines the term "recognized Indian tribe" to include any tribe, band, community, village, or group of Indians or Alaska Natives recognized as performing substantial governmental functions.
Permits recognized Indian tribes to issue debt obligations, the interest on which is exempt from income taxation.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
Reported to House from the Committee on Ways and Means with amendment, H. Rept. 94-1693.
Reported to House from the Committee on Ways and Means with amendment, H. Rept. 94-1693.
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