Indian Development Investment Zone Act of 1991

[AI summary unavailable — showing source text] Indian Development Investment Zone Act of 1991 - Title I: Designation of Indian Development Investment Zones - Amends the Internal Revenue Code to provide for the designation of Indian enterprise zones by the Secretary of the Interior for purposes of providing tax relief and increasing the economic stake of tribal residents in their community and its development. Sets forth eligibility requirements and required tribal commitments for such designations. Requires the Secretary to prepare and submit to the Congress every four years a report on the effects of such Indian enterprise zones' designation. Requires that any tax reduction effected by a tribal commitment under the terms of this Act be disregarded for purposes of determining the eligibility of a tribe for Federal assistance or benefits. Title II: Federal Income Tax Incentives - Subtitle A: Credits for Employers - Allows employers located in Indian enterprise zones a nonrefundable income tax credit for qualified increased employment expenditures and for certain wages paid to economically disadvantaged individuals. Subtitle B: Credits for Investment in Tangible Property in Indian Enterprise Zones - Allows businesses an additiona…