Indian Tribal Governmental Tax Status Act of 1981

[AI summary unavailable — showing source text] Indian Tribal Governmental Tax Status Act of 1981 - 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) certain excise taxes; (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; (6) the credits for public retirement system income and contributions to candidates for public office; (7) the exclusion from gross income of certain scholarships and fellowship grants and contributions of certain employers for employee annuities; (8) the tax on excess lobbying expenditures by public charities; and (9) the tax treatment of activities of private foundations. Excludes from gross income, under specified circumstances, interest on industrial development bonds issued by an Indian tribal government. Defines "Indian tribal government" for the purposes of this Act.…