Tribal Tax and Investment Reform Act of 2019
- Last Action
- 5/2/2019
Actions
- 2019-05-02Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2019-05-02Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2019-05-02Introduced in House
- 2019-05-02Introduced in House
CRS Summary
As of 2019-05-02 (00)
Tribal Tax and Investment Reform Act of 2019
This bill treats Indian tribal governments as states for purposes of the annual allocation of the tax-exempt bond volume cap. It also repeals provisions that limit an Indian tribal government's eligibility to issue tax-exempt bonds or to be exempt from specified excise taxes to transactions involving the exercise of an essential government function customarily performed by state and local governments.
The bill (1) treats employee benefit or pension plans maintained by Indian tribes and domestic relations orders issued pursuant to tribal law in the same manner as plans maintained by states and domestic relations orders issued pursuant to state law; and (2) treats tribal charities and foundations in the same manner as charities and foundations funded and controlled by other governmental entities for purposes of the tax-exempt status of, and deduction for contributions to, such organizations.
The bill gives Indian tribes or tribal organizations access to the Federal Parent Locator Service if they are eligible for a grant to operate a child support enforcement program. It makes those tribes and tribal organizations eligible to participate in the program that collects past-due support from individual tax refunds.
An Indian tribal government may determine whether a child has special needs for the purpose of the tax credit for the adoption of a child with special needs.
Cosponsors (19)
- Mike Kelly (R-PA)
- Debra Haaland (D-NM)
- Tom Cole (R-OK)
- Sharice Davids (D-KS)
- Jackie Walorski (R-IN)
- Derek Kilmer (D-WA)
- David Schweikert (R-AZ)
- Gwen Moore (D-WI)
- Paul Cook (R-CA)
- Suzan DelBene (D-WA)
- John Moolenaar (R-MI)
- Mark Pocan (D-WI)
- Ben Luján (D-NM)
- Pete Aguilar (D-CA)
- Thomas Suozzi (D-NY)
- Donald Beyer (D-VA)
- DANNY DAVIS (D-IL)
- Steven Horsford (D-NV)
- EARL BLUMENAUER (D-OR)
Subjects
- Adoption and foster care
- Charitable contributions
- Government employee pay, benefits, personnel management
- Government information and archives
- Income tax credits
- Income tax deductions
- Income tax exclusion
- Indian social and development programs
- Sales and excise taxes
- Securities
- Separation, divorce, custody, support
- Social work, volunteer service, charitable organizations
- State and local finance
- Tax administration and collection, taxpayers
- Tax-exempt organizations
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.