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Tribal finance leaders press Congress for tax parity, capital access and permanent Treasury tribal office
Summary
Native financial officers told the Senate Indian Affairs committee that reforms to tax treatment, set‑asides for New Markets Tax Credits, expanded Indian Loan Guarantee Program authority and permanence for Treasury’s Office of Tribal and Native Affairs would accelerate tribal economic development and access to capital.
Rodney Butler, president of the Native American Financial Officers Association, told the Senate Committee on Indian Affairs that modernizing federal tax treatment and strengthening capital tools are central to tribal economic growth.
Butler urged tax parity between tribes and states on matters such as tax-exempt bond financing, excise tax parity, pension treatment…
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