Summary: S.809 — 105th Congress (1997-1998)All Information (Except Text)

There is one summary for S.809. Bill summaries are authored by CRS.

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Introduced in Senate (05/23/1997)

Treatment of Indian Tribal Natural Resource Income Act of 1997 - Amends the Internal Revenue Code to exempt from Federal income tax income derived from a natural resources-related activity by Indians or a qualified Indian entity. Prohibits a tax on remuneration paid for services performed in a natural resources-related activity by one member of a tribe for another member of such tribe. Defines natural resources-related activity and qualified Indian entity.