Indian Tribal Governmental Tax Status Act of 1979

[AI summary unavailable — showing source text] Indian Tribal Governmental Tax Status Act of 1979 - Amends the Internal Revenue Code to treat an Indian tribal government as a State for purposes of: (1) determining the deductibility of a charitable contribution made to such tribe; (2) exemptions from the excise tax; (3) deductions for State and local taxes; (4) the tax exclusion for interest on government bonds; (5) the unrelated business income tax applicable to colleges and universities; and (6) the tax treatment of contributions to candidates for public office and the activities of private foundations. Provides for the tax-free issuance of industrial development bonds by Indian tribes under specified circumstances. Defines "Indian tribal government" for the purposes of this Act.…