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United States · Law · S

S. 1360 (100th)

A bill to amend the Indian Financing Act of 1974, and for other purposes.

enactedUnited States· United States Congress· EN

Introduced

11 June 1987

Last action

22 September 1988 · Became law

Status

Became Public Law No: 100-442.

Sponsors

Sen. Burdick, Quentin N. [D-ND], Sen. Inouye, Daniel K. [D-HI], Sen. Evans, Daniel J. [R-WA], Sen. Daschle, Thomas A. [D-SD], Sen. McCain, John [R-AZ]

Subjects

Discovery layer

Source updated

20 June 2025

Summary

Amends the Indian Financing Act of 1974 to provide that the term "loan" includes a bond issue of a tribe or an economic enterprise wholly owned by Indians. Increases the maximum amount of indebtedness that may be guaranteed for an individual from $350,000 to $500,000. Allows any guaranteed loan and the security given for it to be sold or assigned to any person. Increases the aggregate amount of loan guarantees that may be made under such Act from $200,000,000 to $500,000,000. Requires the Secretary of the Interior, if insufficient funds are available for payments required because of losses on insured or guaranteed loans, to submit to the Congress a request for additional appropriations.

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

Timeline

  1. 11 June 1987

    Introduced

    Introduced in Senate

    Source: IntroReferral

  2. 11 June 1987

    Introduced

    Read twice and referred to the Committee on Indian Affairs.

    Source: IntroReferral

  3. 17 June 1987

    Reported

    Committee on Indian Affairs. Ordered to be reported with amendments favorably.

    Source: Committee

  4. 30 July 1987

    Reported

    Committee on Indian Affairs. Reconsidered its action of June 17, and again ordered the bill favorably reported with an amendment in the nature of a substitute.

    Source: Committee

  5. 7 August 1987

    Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 300.

    Source: Calendars

  6. 7 August 1987

    Reported

    Committee on Indian Affairs. Reported to Senate by Senator Inouye with an amendment in the nature of a substitute. With written report No. 100-149.

    Source: Committee

  7. 7 August 1987

    Reported

    Committee on Indian Affairs. Reported to Senate by Senator Inouye with an amendment in the nature of a substitute. With written report No. 100-149.

    Source: Committee

  8. 5 November 1987

    Passed

    Passed Senate with an amendment by Voice Vote.

    Source: Floor

  9. 5 November 1987

    Passed

    Passed/agreed to in Senate: Passed Senate with an amendment by Voice Vote.

    Source: Floor

  10. 17 November 1987

    Floor

    Senate vitiated previous passage.

    Source: Floor

  11. 17 November 1987

    Passed

    Passed/agreed to in Senate: Passed Senate with an amendment by Voice Vote.

    Source: Floor

  12. 19 November 1987

    Introduced

    Referred to House Committee on Interior and Insular Affairs.

    Source: IntroReferral

  13. 19 November 1987

    Floor

    Message on Senate action sent to the House.

    Source: Floor

  14. 27 April 1988

    Committee

    Executive Comment Requested from Interior.

    Source: Committee

  15. 5 May 1988

    Committee

    Committee Hearings Held.

    Source: Committee

  16. 13 July 1988

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  17. 13 July 1988

    Reported

    Ordered to be Reported (Amended).

    Source: Committee

  18. 8 August 1988

    Passed

    Passed House (Amended) by Voice Vote.

    Source: Floor

  19. 8 August 1988

    Passed

    Passed/agreed to in House: Passed House (Amended) by Voice Vote.

    Source: Floor

  20. 8 August 1988

    Floor

    Called up by House Under Suspension of Rules.

    Source: Floor

  21. 8 August 1988

    Calendars

    Placed on Union Calendar No: 509.

    Source: Calendars

  22. 8 August 1988

    Reported

    Reported to House (Amended) by House Committee on Interior and Insular Affairs. Report No: 100-838.

    Source: Committee

  23. 8 August 1988

    Reported

    Reported to House (Amended) by House Committee on Interior and Insular Affairs. Report No: 100-838.

    Source: Committee

  24. 10 August 1988

    Floor

    Message on House action received in Senate and held at desk: House amendments to Senate bill.

    Source: Floor

  25. 9 September 1988

    Passed

    Senate agreed to the House amendments by Voice Vote.

    Source: ResolvingDifferences

  26. 9 September 1988

    Passed

    Resolving differences -- Senate actions: Senate agreed to the House amendments by Voice Vote.

    Source: NotUsed

  27. 13 September 1988

    Floor

    Presented to President.

    Source: Floor

  28. 13 September 1988

    President

    Presented to President.

    Source: President

  29. 13 September 1988

    Floor

    Message on Senate action sent to the House.

    Source: Floor

  30. 22 September 1988

    Became law

    Became Public Law No: 100-442.

    Source: President

  31. 22 September 1988

    President

    Signed by President.

    Source: President

  32. 22 September 1988

    Became law

    Signed by President.

    Source: BecameLaw

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

7 official files

Public Law (PDF)

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Leesvertaling

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  • Public Law (PDF)

    Public Law · EN · 23 September 1988

    ViewDownloadOpen at official source

  • Passed House amended

    summary · EN · 8 August 1988

    Open at official source

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  • Reported to House with amendment(s)

    summary · EN · 8 August 1988

    Open at official source

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  • Passed Senate amended, 2nd occurrence

    summary · EN · 17 November 1987

    Open at official source

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  • Passed Senate amended

    summary · EN · 5 November 1987

    Open at official source

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  • Reported to Senate with amendment(s)

    summary · EN · 7 August 1987

    Open at official source

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  • Introduced in Senate

    summary · EN · 11 June 1987

    Open at official source

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