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Titles (1)

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To amend the Internal Revenue Code of 1986 to modify the rules for tribal economic development bonds.


Actions Overview (1)

Date Actions Overview
08/14/2020Introduced in House

All Actions (3)

Date All Actions
08/14/2020Referred to the House Committee on Ways and Means.
Action By: House of Representatives
08/14/2020Referred to the Subcommittee on Select Revenue Measures.
Action By: Committee on Ways and Means
08/14/2020Introduced in House
Action By: House of Representatives

Cosponsors (3)

* = Original cosponsor
CosponsorDate Cosponsored
Rep. Schrier, Kim [D-WA-8]* 08/14/2020
Rep. Castor, Kathy [D-FL-14]* 08/14/2020
Rep. Kuster, Ann M. [D-NH-2]* 08/14/2020

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Ways and Means08/14/2020 Referred to
House Ways and Means Subcommittee on Select Revenue Measures08/14/2020 Referred to

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Latest Summary (1)

There is one summary for H.R.8066. View summaries

Shown Here:
Introduced in House (08/14/2020)

Tribal Economic Development Act of 2020

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.