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United States · Bill · HR

H.R. 1421 (108th)

Tribal Government Tax-Exempt Bond Fairness Act of 2003

referredUnited States· United States Congress· EN

Introduced

25 March 2003

Last action

25 March 2003 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Camp, Dave [R-MI-4], Rep. Foley, Mark [R-FL-16], Rep. Weller, Jerry [R-IL-11], Rep. Hayworth, J. D. [R-AZ-5], Rep. Rehberg, Denny [R-MT-At Large], Rep. Simmons, Rob [R-CT-2], Rep. Grijalva, Raúl M. [D-AZ-7], Rep. Kildee, Dale E. [D-MI-5], Rep. Frost, Martin [D-TX-24], Rep. Ney, Robert W. [R-OH-18], Rep. Souder, Mark E. [R-IN-3], Rep. Kennedy, Patrick J. [D-RI-1], Rep. Inslee, Jay [D-WA-1], Rep. Rangel, Charles B. [D-NY-15], Rep. McCollum, Betty [D-MN-4], Rep. Young, Don [R-AK-At Large], Rep. Pomeroy, Earl [D-ND-At Large], Rep. Baca, Joe [D-CA-43], Del. Faleomavaega, Eni F. H. [D-AS-At Large], Rep. Matsui, Robert T. [D-CA-5], Rep. Filner, Bob [D-CA-51], Rep. Carson, Julia [D-IN-7], Rep. Lee, Barbara [D-CA-12], Rep. Baird, Brian [D-WA-3], Rep. Slaughter, Louise McIntosh [D-NY-25], Rep. McDermott, Jim [D-WA-7], Rep. Rogers, Mike J. [R-MI-8], Rep. Cole, Tom [R-OK-4], Rep. Wexler, Robert [D-FL-19], Rep. Pallone, Frank [D-NJ-6], Rep. Renzi, Rick [R-AZ-1]

Subjects

Taxation

Source updated

18 August 2025

Taxation

Official sourceDownload fileView documentsShare

Summary

Tribal Government Tax-Exempt Bond Fairness Act of 2003 - Amends the Internal Revenue Code to permit the issuance of tax-exempt bonds by an Indian tribal government if: (1) at least 95 percent of the net proceeds are used to finance facilities on an Indian reservation; 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 a gaming facility. Amends the Securities Act of 1933 to exempt obligations issued by an Indian tribal government or subdivision from registration requirements.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 25 March 2003

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 25 March 2003

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 25 March 2003

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 25 March 2003

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 25 March 2003

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 25 March 2003

    Open at official source

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Sponsors

Related records

Sources

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