S2022119th CongressWALLET

Tribal Tax and Investment Reform Act of 2025

Sponsored By: Senator Catherine Cortez Masto

Introduced

Summary

Tribal tax parity and targeted economic tools. This bill would give Indian tribes and Alaska Native Corporations state-like access to tax-exempt financing, create dedicated credit allocations for tribal areas, and adjust tax and benefit rules to support tribal communities and households.

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  • Tribes and ANCs would be treated like States for many tax-exempt bond rules. The bill would set a $400 million annual tribal bond volume cap and a separate $45 million annual ANC economic development bond cap, bar bond proceeds from funding class II or III gaming, and include rules for lands and allocations.
  • Tribal communities and developers would get new capital tools. The bill would create a $175 million annual New Markets Tax Credit tribal allocation, require technical assistance for applicants, and allow certain Indian areas to qualify as Difficult Development Areas for the Low-Income Housing Tax Credit when projects meet tribal or NAHASDA conditions.
  • Families, health workers, and employers in tribal areas would see several tax and benefit changes. The bill would extend child support enforcement and tax-refund offset access to tribes, treat tribal determinations like States for the adoption credit, exclude Indian Health Service loan repayments and tribal health scholarships from taxable income, add tribal general‑welfare and certain tribal grantor trusts to Social Security resource exclusions, and extend and reform the Indian Employment Tax Credit while raising its per-worker cap from $20,000 to $30,000.

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Bill Overview

Analyzed Economic Effects

9 provisions identified: 9 benefits, 0 costs, 0 mixed.

Tax breaks for IHS health workers

If enacted, certain Indian Health Service loan repayments would not be counted as taxable income for payments made after enactment. Also, Indian Health Professions scholarship amounts would be excluded from income for taxable years starting after December 31, 2025. These changes could lower federal taxes for health workers serving tribal communities.

Tribes count for adoption credit

If enacted, an Indian tribal government would be treated like a State when deciding if an adopted child has special needs for the adoption tax credit. This change would apply to taxable years after enactment.

Stronger Indian employment credit

If enacted, the Indian Employment Tax Credit would be made permanent. The credit base would use the two most recent calendar years' average of qualified wages plus employer health insurance costs. The per-employee cap would rise to $30,000. These changes would apply to taxable years starting after December 31, 2025.

New markets and tribal housing credits

If enacted, the bill would set aside $175 million per year in New Markets Tax Credits for investments in tribal statistical areas starting after 2025. Treasury would help community development entities apply and use the allocation. The bill would also treat Indian areas as Difficult Development Areas for the Low-Income Housing Tax Credit when the building is NAHASDA-assisted or owned by a tribe or tribal housing entity. The housing rule applies to buildings placed in service after December 31, 2025.

SSI and tribal trust protections

If enacted, Indian general welfare benefits would not count as resources for Supplemental Security Income for nine months after they are received. The bill would also exclude tribal grantor trusts (where the tribe is the grantor) from resource tests. These changes could help some SSI recipients keep benefit eligibility.

More tribal tax-exempt bonds

If enacted, tribes would get a $400 million national cap each year for tax-exempt bonds. The bill would also create a $45 million annual cap for Alaska Native Corporations. Bond money could be used on qualified tribal lands but not for class II or III gaming. Some technical rules would change, and certain excise-tax changes would not take effect until a later quarter after enactment. No tribal economic bond designations could be made for bonds issued after December 31, 2028.

Easier charitable giving to tribes

If enacted, tribal governments and entities wholly owned or controlled by them would be treated like governments for some charitable contribution and public charity rules. That may make donations to those tribal entities more likely to be tax-deductible. The change would apply to taxable years after enactment.

Allow tribes to use consortia

If enacted, a tribe could let an intertribal consortium, organization, or certain Alaska Native entities plan, coordinate, or administer services and functions for the tribe. The Secretary would set rules for when this is allowed. The authorized group would only have the rights the tribe gives in its resolution.

Tribes get child support tools

If enacted, tribes eligible under a specified grant would be able to run child support enforcement similar to States. The bill would also let those tribes use federal tax-refund offsets to collect past-due child support. The rule would not require tribes to distribute amounts under a separate section.

Sponsors & CoSponsors

Sponsor

Catherine Cortez Masto

NV • D

Cosponsors

  • Lisa Murkowski

    AK • R

    Sponsored 6/11/2025

  • Markwayne Mullin

    OK • R

    Sponsored 3/4/2026

Roll Call Votes

No roll call votes available for this bill.

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