# 115-hr-3524: Settlement Trust Improvement Act of 2017

115-hr-3524, Settlement Trust Improvement Act of 2017, is a 115th Congress bill sponsored by Rep. Young, Don [R-AK-At Large] (R-AK); status Referred to the Subcommittee on Indian, Insular and Alaska Native Affairs. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/115-hr-3524
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 115-hr-3524
- Congress: 115
- Title: Settlement Trust Improvement Act of 2017
- Status: Referred to the Subcommittee on Indian, Insular and Alaska Native Affairs.
- Introduced: 2017-07-27
- Sponsor: Rep. Young, Don [R-AK-At Large] (R-AK)
- Cosponsors: 2
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Settlement Trust Improvement Act of 2017 This bill amends the Internal Revenue Code, with respect to the tax treatment of Alaska Native Settlement Trusts, to: (1) allow an Alaska Native Corporation to assign certain payments referenced in the Alaska Native Claims Settlement Act to a trust without including the payments in the gross income of the corporation, (2) allow the corporation to elect annually to deduct contributions made to a trust, (3) allow a trust to elect to defer the recognition of gains related to contributions of property other than cash until the sale or exchange of the property, and (4) establish information reporting requirements for deductible contributions to a trust.

## Cosponsors (2)

- Rep. Latta, Robert E. [R-OH-5] (R-OH), 2017-07-27T00:00:00.000Z
- Rep. Loebsack, David [D-IA-2] (D-IA), 2017-07-27T00:00:00.000Z

## Related bills

- 115-hr-5141: United States-Israel Security Assistance Authorization Act of 2018
- 115-hr-4732: National Law Enforcement Museum Commemorative Coin Act
- 115-hr-4256: BOLD Infrastructure for Alzheimer's Act
- 115-hr-4099: To amend title 38, United States Code, to ensure that children of homeless veterans are included in the calculation of the amounts of certain per diem grants.
- 115-hr-3523: To require the Comptroller General of the United States to conduct a study and submit a report on filing requirements under the Universal Service Fund programs.
- 115-hr-2519: The American Legion 100th Anniversary Commemorative Coin Act

## Sources
- [115-hr-3524 on Congress.gov](https://www.congress.gov/bill/115th-congress/house-bill/3524)

## Related
- [115-hr-5141: United States-Israel Security Assistance Authorization Act of 2018](https://policyrisk.com/legislation/115-hr-5141)
- [115-hr-4732: National Law Enforcement Museum Commemorative Coin Act](https://policyrisk.com/legislation/115-hr-4732)
- [115-hr-4256: BOLD Infrastructure for Alzheimer's Act](https://policyrisk.com/legislation/115-hr-4256)
- [115-hr-4099: To amend title 38, United States Code, to ensure that children of homeless vete…](https://policyrisk.com/legislation/115-hr-4099)
- [115-hr-3523: To require the Comptroller General of the United States to conduct a study and…](https://policyrisk.com/legislation/115-hr-3523)
- [115-hr-2519: The American Legion 100th Anniversary Commemorative Coin Act](https://policyrisk.com/legislation/115-hr-2519)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/115-hr-3524 (as of 2025-11-18).