HR 2362 · 112th Congress · Native Americans
Indian Tribal Trade and Investment Demonstration Project Act of 2011
Bill Progress
✓
Introduced✓
Committee3
House Vote4
Senate5
EnactedLatest: On motion to suspend the rules and pass the bill, as amended Failed by the Yeas and Nays: (2/3 required): 222 - 160 (Roll no. 499). (text: CR H5088-5089)(2012-07-23)
Recorded Votes
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Plain Language Summary
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Indian Tribal Trade and Investment Demonstration Project Act of 2011 - Authorizes the Secretary of the Interior to select up to six Indian tribes or consortia of Indian tribes to participate in an Indian Tribal Trade and Investment Demonstration Project that facilitates trade and financial investment in Indian tribal economies by private entities from Turkey. Allows participating tribes or consortia to lease land held in trust for them by the federal government without the Secretary's approval if the lease: (1) is in furtherance of a community, economic, or business development undertaking with a Turkish entity; (2) is entered into within 1 year of this Act's enactment; (3) is not for mineral exploration, development, or extraction; (4) does not include land held in trust for an individual Indian; (5) is executed under tribal regulations approved by the Secretary under this Act; and (6) has a term that does not exceed 25 years, though it may include certain renewal options. Requires the Secretary to approve tribal lease regulations if they are consistent with any regulations issued under this Act and subject proposed activities to an environmental review that meets specified requir…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 2362, Indian Tribal Trade and Investment Demonstration Project Act of 2011
Jan 13, 2012Cost estimate for the bill as ordered reported by the House Committee on Natural Resources on November 17, 2011
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (12)
9 Democrats3 Republicans