TITLE

New Bill Would Allow Tribal Issuance, But Not for Casinos

AUTHOR(S)
McConnell, Alison L.
PUB. DATE
June 2006
SOURCE
Bond Buyer;6/29/2006, Vol. 356 Issue 32413, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on a new bill that would allow Indian tribal governments to issue private-activity bonds in the U.S. The Tribal Government Tax-Exempt Bond Parity Act of 2006 was introduced by Senators Gordon H. Smith and Max Baucus. The bill would modify the tax code to allow tribes to issue private-activity bonds if 95% or more of the proceeds are used to finance any facility located on an Indian reservation.
ACCESSION #
22510104

 

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