HR 3407 · 107th Congress · Native Americans

Indian Financing Act Reform Amendment

Introduced 2001-12-05· Sponsored by Rep. Bono, Mary [R-CA-44]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Placed on the Union Calendar, Calendar No. 379.(2002-09-04)

Plain Language Summary

[AI summary unavailable — showing source text] Indian Financing Act Reform Amendment - Amends the Indian Financing Act of 1974 to permit the transfer (currently sale or assign only) of guaranteed loans made under such Act, in whole or in part, both guaranteed and unguaranteed portions. Requires that the Secretary of the Interior be notified of such transfers. Allocates responsibility on the guarantee agreement, for servicing, and as the secured creditor of record after such transfers according to whether such portion/loan is guaranteed or unguaranteed.…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 3407, Indian Financing Act Reform Amendment

Aug 28, 2002

<p>Cost estimate for the bill as ordered reported by the House Committee on Resources on July 24, 2002</p>

Full CBO report ↗

H.R. 3407, Indian Financing Act Reform Amendment

Aug 28, 2002

Cost estimate for the bill as ordered reported by the House Committee on Resources on July 24, 2002

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (6)

3 Democrats3 Republicans