On July 12, the Department of the Treasury published in the Federal Register a notice and request for comments from tribal governments and the general public regarding the study that Treasury will conduct with recommendations about the $2 billion Tribal Economic Development Bond authorization that was included in the Recovery Act. The notice is available here:

http://edocket.access.gpo.gov/2010/pdf/2010-16881.pdf

Among other things that Treasury will be studying is whether the “essential governmental function standard” for tax-exempt governmental bond financing by tribes should be repealed permanently.

Comments should be submitted electronically through Tribal.Consult@do.treas.gov by September 10th.
 

National Congress of American Indians (NCAI)
1516 P Street NW, Washington D.C. 20036
Phone: (202) 466-7767, Fax: (202) 466-7797
Email: stimulus@ncai.org
www.ncai.org