Indian Tribal Governmental Tax Status Act of 1979 - Amends the Internal Revenue Code to treat an Indian tribal government as a State for purposes of: (1) determining the deductibility of a charitable contribution made to such tribe; (2) exemptions from the excise tax; (3) deductions for State and local taxes; (4) the tax exclusion for interest on government bonds; (5) the unrelated business income tax applicable to colleges and universities; and (6) the tax treatment of contributions to candidates for public office and the activities of private foundations.
Provides for the tax-free issuance of industrial development bonds by Indian tribes under specified circumstances.
Defines "Indian tribal government" for the purposes of this Act.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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