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Extending Land Lease Terms to 99 Years for Two Wampanoag Tribes.

This bill authorizes the Mashpee Wampanoag Tribe and the Wampanoag Tribe of Gay Head (Aquinnah) to lease their trust lands for up to 99 years. This change grants the tribes greater autonomy in managing their real estate and facilitates long-term economic development projects, such as housing or commercial ventures. The extended lease period increases stability and investment appeal for these lands, supporting community growth.
Key points
The maximum lease term for tribal lands of the Mashpee Wampanoag and Wampanoag Tribe of Gay Head (Aquinnah) is extended to 99 years.
The change supports economic and housing development on reservation lands by enabling secure, long-term investments.
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Additional Information
A bill to amend the Act of August 9, 1955 (commonly known as the "Long-Term Leasing Act"), to authorize leases of up to 99 years for land in the Mashpee Wampanoag Tribe Reservation and land held in trust for the Wampanoag Tribe of Gay Head (Aquinnah), and for other purposes.
Print number: S 5559
Sponsor: Sen. Markey, Edward J. [D-MA]
Process start date: 2024-12-17