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United States · Bill · S

S. 519 (108th)

Indian Tribal Development Corporation Feasibility Study Act of 2004

referredUnited States· United States Congress· EN

Introduced

5 March 2003

Last action

20 November 2004 · Floor

Status

Referred to the House Committee on Resources.

Sponsors

Sen. Campbell, Ben Nighthorse [R-CO]

Subjects

Housing

Source updated

20 June 2025

Housing

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Summary

Native American Capital Formation and Economic Development Act of 2003 - Establishes the Native American Capital Development Corporation (Corporation). Authorizes the Corporation to: (1) assist in the planning, establishment, and organization of Native American financial institutions; (2) develop and provide financial expertise and technical assistance to Native American financial institutions; (3) develop and provide specialized technical assistance on overcoming barriers to primary mortgage lending on Native American land; (4) provide mortgage underwriting assistance; (5) work with participants in the secondary market for home mortgage instruments in identifying and eliminating barriers to purchase Native American mortgage loans; (6) obtain capital investments in the Corporation; and (7) act as an information clearing house. Authorizes the Secretary of Housing and Urban Development to award grants to the Corporation to provide technical assistance and other services to Native American financial institutions. Requires the Corporation Board of Directors to establish an Advisory Council to advise it on policy matters and provide information from all sectors of the Native American Community. Specifies the capitalization of the Corporation. Subjects it to the regulatory authority of the Department of Housing and Urban Development. Requires the formation of a new corporation after ten years and merger of the Corporation into it. Establishes within the Corporation: (1) the Native American Economies Diagnostic Studies Fund to be used to strengthen Indian tribal economies by supporting investment policy reforms and technical assistance to eligible Indian Tribes; and (2) the Native American Economic Incubation Center Fund to ensure that resources dedicated to Native American economic development are provided to their intended destinations.

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

Timeline

  1. 5 March 2003

    Introduced

    Read twice and referred to the Committee on Indian Affairs. (text of measure as introduced: CR S3167-3171)

    Source: IntroReferral

  2. 5 March 2003

    Introduced

    Sponsor introductory remarks on measure. (CR S3167)

    Source: IntroReferral

  3. 5 March 2003

    Introduced

    Introduced in Senate

    Source: IntroReferral

  4. 30 April 2003

    Committee

    Committee on Indian Affairs. Hearings held. Hearings printed: S.Hrg. 108-75.

    Source: Committee

  5. 21 July 2004

    Committee

    Committee on Indian Affairs. Hearings held. Hearings printed: S.Hrg. 108-673.

    Source: Committee

  6. 29 September 2004

    Reported

    Committee on Indian Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.

    Source: Committee

  7. 10 November 2004

    Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 795.

    Source: Calendars

  8. 10 November 2004

    Reported

    Committee on Indian Affairs. Reported by Senator Campbell under authority of the order of the Senate of 10/11/04 with an amendment in the nature of a substitute and an amendment to the title. With written report No. 108-404.

    Source: Committee

  9. 10 November 2004

    Reported

    Committee on Indian Affairs. Reported by Senator Campbell under authority of the order of the Senate of 10/11/04 with an amendment in the nature of a substitute and an amendment to the title. With written report No. 108-404.

    Source: Committee

  10. 19 November 2004

    Reported

    Passed Senate with an amendment and an amendment to the Title by Unanimous Consent. (consideration: CR S11566-11584; text as passed Senate: CR S11576; text of measure as reported in Senate: CR S11572-11576)

    Source: Floor

  11. 19 November 2004

    Reported

    Passed/agreed to in Senate: Passed Senate with an amendment and an amendment to the Title by Unanimous Consent.(consideration: CR S11566-11584; text as passed Senate: CR S11576; text of measure as reported in Senate: CR S11572-11576)

    Source: Floor

  12. 20 November 2004

    Floor

    Message on Senate action sent to the House.

    Source: Floor

  13. 20 November 2004

    Introduced

    Referred to the House Committee on Resources.

    Source: IntroReferral

  14. 20 November 2004

    Floor

    Received in the House.

    Source: Floor

Votes

No vote records are attached yet.

Versions

Documents

11 official files

Referred in House (text)

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  • Referred in House (text)

    Referred in House · EN · 20 November 2004

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  • Referred in House (PDF)

    Referred in House · EN · 20 November 2004

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  • Engrossed in Senate (text)

    Engrossed in Senate · EN · 19 November 2004

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  • Engrossed in Senate (PDF)

    Engrossed in Senate · EN · 19 November 2004

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  • Passed Senate amended

    summary · EN · 19 November 2004

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  • Reported to Senate (text)

    Reported to Senate · EN · 10 November 2004

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  • Reported to Senate (PDF)

    Reported to Senate · EN · 10 November 2004

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  • Reported to Senate with amendment(s)

    summary · EN · 10 November 2004

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 5 March 2003

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  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 5 March 2003

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  • Introduced in Senate

    summary · EN · 5 March 2003

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Sponsors

Related records

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Sources

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