S.Amdt. 3465Senate115th Congress (2017-2019)2nd degree
S.Amdt. 3465
Sponsored by
Sen. Heidi Heitkamp (D-ND)
Submitted July 24, 2018
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Senate amendment submitted
July 24, 2018
Text
Submitted
SA 3465. Ms. HEITKAMP submitted an amendment intended to be proposed to amendment SA 3399 proposed by Mr. Shelby to the bill H.R. 6147, making appropriations for the Department of the Interior, environment, and related agencies for the fiscal year ending September 30, 2019, and for other purposes; which was ordered to lie on the table; as follows: At the appropriate place in title VII of division C, insert the following: Sec. __. (a) The Secretary of Agriculture may provide debt forgiveness to an Indian tribe (as defined in section 4 of the Indian Self-Determination and Education Assistance Act (25 U.S.C. 5304)) for a direct loan provided under the Community Facilities Direct Loan and Grant program under subpart A of part 1942 of title 7, Code of Federal Regulations (or successor regulations), if-- (1) the Indian tribe is designated as a Promise Zone under the Promise Zones Initiative; and (2) the land of the Indian tribe is partly or wholly located in an area designated as a qualified opportunity zone under subchapter Z of chapter 1 of subtitle A of the Internal Revenue Code of 1986. (b) Nothing in this section adversely affects the ability of an Indian tribe that receives debt forgiveness under subsection (a) to apply for or receive any other Federal loan. ______