Native American Tax Parity and Relief Act of 2022
Latest action · Sep 29, 2022 Read twice and referred to the Committee on Finance.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedSep 29, 2022
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Native American Tax Parity and Relief Act of 2022
This bill makes changes to the Internal Revenue Code to treat Indian tribal governments in the same manner as their state counterparts for tax purposes. Among other changes, the bill
- treats Indian tribes as states for purposes of the issuance of tax-exempt bonds,
- equalizes the tax treatment of charities funded by Indian tribal governments,
- enhances the ability of tribal governments to enforce child support orders,
- expands the special-needs adoption tax credit to apply to adoptions ratified by a tribal court,
- designates certain Indian areas as difficult development areas for purposes of the low-income housing tax credit,
- increases the amount of wages and benefits taken into account for purposes of determining the Indian employment tax credit, and
- creates an annual $175 million New Markets Tax Credit for low-income tribal communities and for projects that serve or employ Tribe members.
Cosponsors 2
Members who signed on, in the order they did. All signed on Sep 29, 2022.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-HI | Brian Schatz | Original | Sep 29, 2022 |
| D-OR | Ron Wyden | Original | Sep 29, 2022 |
Actions 2
Everything that happened, newest first.
- Sep 29, 2022Introduced in Senate
- Sep 29, 2022Read twice and referred to the Committee on Finance.
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Sep 29, 2022Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.