HR 10562 · 93th Congress ·

Indian Financing Act

Introduced 1973-09-26· Sponsored by Rep. Bergland, Bob [R-MN-7]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Interior and Insular Affairs.(1973-09-26)

Plain Language Summary

[AI summary unavailable — showing source text] Indian Financing Act - Declares it to be the policy of Congress to provide capital on a reimbursable basis to help develop and utilize Indian resources, both physical and human, to a point where the Indian will fully exercise responsibility for the utilization and management of their own resources; and where they will enjoy a standard of living from their own productive efforts comparable to that enjoyed by non-Indians in neighboring communities. Authorizes the appropriation of such sums as may be necessary to service loans made or guaranteed under the provisions of this Act.…

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