HR 2541 · 110th Congress · Native Americans

Tribal Economic Development and Infrastructure Support Act of 2007

Introduced 2007-05-24· Sponsored by Rep. Renzi, Rick [R-AZ-1]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2007-05-24)

Plain Language Summary

[AI summary unavailable — showing source text] Tribal Economic Development and Infrastructure Support Act of 2007 - Amends the Native American Housing and Self-Determination Act of 1996 to: (1) authorize Indian tribes to issue notes and other obligations (guarantee loans) to finance community and economic development activities; and (2) require at least 70% of the aggregate funds received by an Indian tribe or tribally designated housing entity as a result of a guarantee under such Act to be used for the support of activities that benefit low-income Indian families on Indian reservations and other Indian areas.…

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