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United States · Bill · S

S. 1526 (108th)

Tribal Government Tax-Exempt Bond Fairness Act of 2003

referredUnited States· United States Congress· EN

Introduced

31 July 2003

Last action

31 July 2003 · Introduced

Status

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR 8/1/2003 S10648-10649)

Sponsors

Sen. Campbell, Ben Nighthorse [R-CO], Sen. Inouye, Daniel K. [D-HI]

Subjects

Taxation

Source updated

10 February 2026

Taxation

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. 31 July 2003

    Introduced

    Introduced in Senate

    Source: IntroReferral

  2. 31 July 2003

    Introduced

    Read twice and referred to the Committee on Finance. (text of measure as introduced: CR 8/1/2003 S10648-10649)

    Source: IntroReferral

  3. 31 July 2003

    Introduced

    Sponsor introductory remarks on measure. (CR S10648)

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 31 July 2003

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 31 July 2003

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 31 July 2003

    Open at official source

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Sponsors

Related records

Sources

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