HR 6371 · 93th Congress ·
Indian Financing Act
Bill Progress
✓
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Measure laid on table in House, S. 1341 passed in lieu.(1974-03-18)
Plain Language Summary
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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