S 1015 · 93th Congress ·

Indian Business Development Program Act

Introduced 1973-02-26· Sponsored by Sen. Jackson, Henry M. [D-WA]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Interior and Insular Affairs.(1973-02-26)

Plain Language Summary

[AI summary unavailable — showing source text] Indian Business Development Program Act - Establishes within the Department of the Interior the Indian Business Development Program whose purpose is to stimulate and increase Indian entrepreneurship and employment by providing equity capital through nonreimbursable grants made by the Secretary of the Interior to Indians and Indian Tribes establish and expand profit making Indian owned economic enterprises on or near reservations. Limits such grants to $50,000. Authorizes necessary appropriations. Authorizes the Secretary of the Interior to prescribe necessary rules and regulations.…

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

Cosponsors (1)

1 Democrat
Sen. Abourezk, James [D-SD]SD