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United States · Bill · S

S. 2523 (117th)

Tribal Economic Development Act of 2021

referredUnited States· United States Congress· EN

Introduced

28 July 2021

Last action

28 July 2021 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Murkowski, Lisa [R-AK], Sen. Sullivan, Dan [R-AK]

Subjects

Taxation

Source updated

5 December 2025

Taxation

Summary

Tribal Economic Development Act of 2021 This bill amends provisions relating to tribal economic development (TED) bonds issued to promote community development projects in Alaskan Indian tribal areas. Specifically, the bill increases the national tribal economic development bond limitation to $4 billion. It also eliminates the requirement that TED bond proceeds be used solely on Indian reservations and permits bond proceeds to be used for economic development by any qualified Native user which includes any tribal entity, Alaska Native Corporation, and entity that is majority-owned and controlled by an Indian tribe or Alaska Native Corporation. The bill also allows third parties to guarantee the repayment of TED bonds.

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

Timeline

  1. 28 July 2021

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 28 July 2021

    Introduced

    Introduced in Senate

    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 · 28 July 2021

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 28 July 2021

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 28 July 2021

    Open at official source

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Sponsors

Related records

Sources

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