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H.R. 5779House109th Congress (2005-2007)In Committee

To establish the treatment of actual rental proceeds from leases of land acquired under an Act providing for loans to Indian tribes and tribal corporations.

Sponsored by Mark UdallRep. Mark Udall (D-CO)
Introduced July 12, 2006

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2 earlier actions
HouseCommittee Latest Action

Executive Comment Requested from Interior.

Natural Resources Committee

July 18, 2006

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HouseIntro Referral

Introduced in House

July 12, 2006

HouseIntro Referral

Referred to the House Committee on Resources.

Natural Resources Committee

July 12, 2006

HouseCommittee

Executive Comment Requested from Interior.

Natural Resources Committee

July 18, 2006

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Introduced in HouseIssued July 12, 2006

I

109th CONGRESS

2d Session

H. R. 5779

IN THE HOUSE OF REPRESENTATIVES

July 12, 2006

Mr. Udall of Colorado introduced the following bill; which was referred to the Committee on Resources

A BILL

To establish the treatment of actual rental proceeds from leases of land acquired under an Act providing for loans to Indian tribes and tribal corporations.

1.

Certification of rental proceeds

Notwithstanding any other provision of law, any actual rental proceeds from the lease of land acquired under the first section of the Act entitled An Act to provide for loans to Indian tribes and tribal corporations, and for other purposes (25 U.S.C. 488) certified by the Secretary of the Interior shall be deemed—

(1)

to constitute the rental value of that land; and

(2)

to satisfy the requirement for appraisal of that land.