S.2022

Tribal Tax and Investment Reform Act of 2025

Introduced·6/11/25
Introduced

S. 2022

Introduced in Senate · June 20, 2025

June 11, 2025

Ms. Cortez Masto (for herself and Ms. Murkowski) introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To amend the Internal Revenue Code of 1986 to treat Indian Tribal Governments in the same manner as State governments for certain Federal tax purposes, and for other purposes.

1. Short title; table of contents; 2. Findings; 3. Treatment of Indian tribes as States with respect to excise taxes and bond issuance; 4. Treatment of pension and employee benefit plans maintained by Tribal Governments; 5. Treatment of Tribal foundations and charities like charities funded and controlled by other governmental funders and sponsors; 6. Improving effectiveness of Tribal child support enforcement agencies; 7. Recognizing Indian tribal governments for purposes of determining under the adoption credit whether a child has special needs; 8. New markets tax credit for tribal area investments; 9. Inclusion of Indian areas as difficult development areas for purposes of certain buildings; 10. Tribal general welfare and trust programs clarification; 11. Indian employment tax credit; 12. Exclusion from gross income for payments under Indian health service loan repayment program; 13. Exclusion of certain amounts received under Indian Health Professions Scholarships Program

Uniform protections and fiduciary standards for Tribal pension plans

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,