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Tribal Water Resources Innovative Financing Act

Read twice and referred to the Committee on Indian Affairs.

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.

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Who introduced it

Sen. Conrad, Kent [D-ND] · D–ND

Committees

  • Indian Affairs Committee
2 cosponsorship records, including any withdrawals

Actions

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  1. Read twice and referred to the Committee on Indian Affairs.

  2. Sponsor introductory remarks on measure. (CR S13090)

  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

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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