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- S.1480
S.1480: 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.
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about finance and financial sector
- Introduced July 26, 2005
- Latest Major Action July 27, 2005
Bill Sponsor
Bill Summary
Provides that any actual rental proceeds certified by the Secretary of the Interior from the lease of land acquired with a Farmers Home Administration Direct Loan by an Indian tribe or tribal corporation shall be deemed to: (1) constitute the rental value of that land; and (2) satisfy the requirement for appraisal of that land.
(Source: Library of Congress)
Bill Actions
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Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent.
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Received in the House.
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Message on Senate action sent to the House.
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Referred to the House Committee on Resources.
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| July 26, 2005 |
Introduced in the Senate by John McCain (R-Ariz.) |