Read twice and referred to the Committee on Indian Affairs.
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · Oct 18, 2007
Tribal Water Resources Innovative Financing Act - Authorizes the Secretary of the Interior to reimburse an Indian tribe for specified expenses and costs incurred by the tribe with respect to an eligible debt financing instrument. Defines "eligible debt financing instrument" to mean a bond or other debt financing instrument (including a note, certificate, mortgage, or lease agreement) issued by an Indian tribe, the proceeds of which are used for construction of an authorized Indian tribal municipal, rural, or industrial water project.
Allows the Secretary to reimburse an Indian tribe for a project funded by an eligible debt financing instrument if the project is being carried out by the Indian tribe pursuant to a contract or cooperative agreement with the Secretary in accordance with the Indian Self-Determination and Education Assistance Act.
Limits the federal cost share for a project under this Act to the federal cost share for the project as determined under the authorizing statute.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 14, 2025. Consult Congress.gov for the current record.
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