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Tribal Government Tax-Exempt Bond Fairness Act of 2003

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR 8/1/2003 S10648-10649)

Official summary

Version 00 · Introduced in Senate · Jul 31, 2003

Tribal Government Tax-Exempt Bond Fairness Act of 2003 - Amends the Internal Revenue Code to permit the issuance of tax-exempt bonds by an Indian tribal government if: (1) at least 95 percent of the net proceeds are used to finance facilities on an Indian reservation; or (2) the obligation is part of an issue substantially all of whose proceeds are to be used in the exercise of an essential government function. Excludes an obligation used to finance a gaming facility. Amends the Securities Act of 1933 to exempt obligations issued by an Indian tribal government or subdivision from registration requirements.

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Who introduced it

Sen. Campbell, Ben Nighthorse [R-CO] · R–CO

Committees

  • Finance Committee
1 cosponsorship records, including any withdrawals

Actions

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  1. Read twice and referred to the Committee on Finance. (text of measure as introduced: CR 8/1/2003 S10648-10649)

  2. Sponsor introductory remarks on measure. (CR S10648)

  3. Introduced in Senate

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Related bills identified by Congress.gov

Source last updated: Feb 10, 2026. Consult Congress.gov for the current record.

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