S.Amdt. 3465Senate115th Congress (2017-2019)2nd degree

S.Amdt. 3465

Submitted July 24, 2018

Legislative Activity

Stay on top of the latest movement without scrolling through every action

Floor Latest Action

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.
______