Tribal Tax and Investment Reform Act of 2025
This act aims to equalize the tax status of Indian Tribal Governments with State governments, facilitating their access to funding for development, job creation, and improved public services. It introduces new tax credits and rules for employee benefits, potentially impacting the finances and social security of tribal members.
Key points
Indian Tribal Governments will be treated like State governments for excise taxes and bond issuance, making it easier to finance public projects.
Increased investment opportunities in tribal areas through new markets tax credits.
Standardization of rules for pension and employee benefit plans for tribal government employees, providing similar protections as state employees.
Easier access to adoption credits for children with special needs if the adoption is approved by a tribal government.
Support for tribal child support enforcement agencies, potentially improving the collection of child support payments.
Extension and increase of the Indian employment tax credit to support job creation in tribal areas.
Exclusion from gross income for certain payments from Indian health service loan repayment and scholarship programs, benefiting recipients financially.
Introduced
Additional Information
Print number: 119_S_2022
Sponsor: Sen. Cortez Masto, Catherine [D-NV]
Process start date: 2025-06-11