H.R.1607: Indian Development Finance Corporation Act

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about native americans
  • Introduced March 19, 2009
  • Latest Major Action March 19, 2009

Bill Summary

Indian Development Finance Corporation Act - Establishes the Indian Development Finance Corporation to provide development capital for new and existing Indian businesses and to strengthen tribal economies. Authorizes the Corporation to make loans to or purchase, insure, or discount obligations of Indian businesses if they meet specified financial conditions. Directs the Corporation to provide the credit needed by Indian businesses at the...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Natural Resources.
March 19, 2009

Introduced in the House by Eni F. H. Faleomavaega (D-American Samoa)

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