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- S.655
S.655: Treatment of Indian Tribal Natural Resource Income Act of 2001
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced March 29, 2001
- Latest Major Action March 29, 2001
Bill Sponsor
Bill Cosponsors
3 (3 Democrats, 1 Republican)
Bill Summary
Treatment of Indian Tribal Natural Resource Income Act of 2001 - Amends the Internal Revenue Code to prohibit the imposition of income taxes or income derived from a natural resources-related activity conducted by: (1) a member of an Indian tribe directly or through a qualified Indian entity; or (2) a qualified Indian entity.Prohibits the imposition of employment taxes on remuneration paid for services performed in natural resources-related...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Finance.
|
|
| March 29, 2001 |
Introduced in the Senate by John McCain (R-Ariz.) |