# 119-hr-7705: Tribal Tax and Investment Reform Act of 2026 119-hr-7705, Tribal Tax and Investment Reform Act of 2026, is a 119th Congress bill sponsored by Rep. Moore, Gwen [D-WI-4] (D-WI); status introduced; PRIA reads it as touching household money (as of 2026-09-12). - Canonical: https://policyrisk.com/legislation/119-hr-7705 - As of: 2026-09-12 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: 119-hr-7705 - Congress: 119 - Title: Tribal Tax and Investment Reform Act of 2026 - Status: introduced - Introduced: 2026-02-25 - Sponsor: Rep. Moore, Gwen [D-WI-4] (D-WI) - Cosponsors: 14 - Policy area: Native Americans - Touches household money: yes - Last recorded action: 2026-09-12 ## Summary **Treats Indian tribes more like states for certain tax and financing rules.** The bill would expand tribal access to tax‑exempt bonds and targeted tax incentives, and it would clarify and strengthen pension and benefit-plan rules for tribal governments. - Tribes and Alaska Native consortia would gain new tax‑exempt bond access through a national tribal cap of $400 million and a separate Alaska Native consortia cap of $45 million; bond proceeds could not fund gaming facilities. - Tribal employees and plan participants would see federal recognition of tribal retirement plans as governmental plans, a new uniform set of fiduciary duties and civil remedies, and rules that apply to plans with at least 500 active participants. - Communities, charities, and workers would get several tax changes: a $175 million annual New Markets Tax Credit set‑aside for tribal areas, an increase in the Indian employment tax credit maximum to $30,000 per employee, and income exclusions for Indian Health Service loan repayment and certain tribal scholarships and general welfare benefits. ## Cosponsors (14) - Rep. Schweikert, David [R-AZ-1] (R-AZ), 2026-02-25T00:00:00.000Z - Rep. Thompson, Mike [D-CA-4] (D-CA), 2026-02-25T00:00:00.000Z - Rep. Yakym, Rudy [R-IN-2] (R-IN), 2026-02-25T00:00:00.000Z - Rep. DelBene, Suzan K. [D-WA-1] (D-WA), 2026-02-25T00:00:00.000Z - Rep. Cole, Tom [R-OK-4] (R-OK), 2026-02-25T00:00:00.000Z - Rep. Davids, Sharice [D-KS-3] (D-KS), 2026-02-25T00:00:00.000Z - Rep. Valadao, David G. [R-CA-22] (R-CA), 2026-02-25T00:00:00.000Z - Rep. Panetta, Jimmy [D-CA-19] (D-CA), 2026-02-25T00:00:00.000Z - Rep. Moolenaar, John R. [R-MI-2] (R-MI), 2026-02-25T00:00:00.000Z - Rep. Huffman, Jared [D-CA-2] (D-CA), 2026-03-04T00:00:00.000Z - Rep. Calvert, Ken [R-CA-41] (R-CA), 2026-07-14T00:00:00.000Z - Rep. Chu, Judy [D-CA-28] (D-CA), 2026-07-14T00:00:00.000Z - Rep. Fong, Vince [R-CA-20] (R-CA), 2026-08-03T00:00:00.000Z - Rep. Davis, Danny K. [D-IL-7] (D-IL), 2026-08-03T00:00:00.000Z ## Provisions PRIA read - More housing credits for Indian areas: benefit, high. If enacted, the bill would let certain buildings in Indian areas count as Difficult Development Areas for the Low-Income Housing Credit. That would apply only if the building is assisted under NAHASDA or the project sponsor is an Indian Tribe or tribally designated housing entity. The change would… - Stronger rules for tribal pensions: benefit, high. If enacted, the bill would treat many tribal employer retirement plans as governmental plans for tax and employment rules and create a new fiduciary statute for large tribal pension plans. Plans with at least 500 active participants would face duties like prudence, diversification, and acting in pa… - Tax-free tribal health scholarships: benefit, high. If enacted, amounts received under the Indian Health Professions Scholarships Program would not count as taxable income for tax years after December 31, 2026. The bill would also exclude Indian Health Service loan repayment payments from gross income for payments made after the law is enacted. Thes… - Tribal charities treated like governments: benefit, high. If enacted, the bill would treat Indian tribal governments and entities they wholly own or control as government funders for charitable deduction and supporting organization rules. This would apply to tax years beginning after the date of enactment. Donors and tribal foundations could see different… - Bigger Indian employment tax credit: benefit, high. If enacted, employers would compute the Indian employment tax credit denominator by averaging the sum of qualified wages and qualified employee health insurance costs over the two most recent calendar years. The bill would raise the maximum credit per eligible employee from $20,000 to $30,000. Thes… - New Markets credits for tribal areas: benefit, high. If enacted, the bill would set aside $175 million per year for New Markets Tax Credits for investments in tribal statistical areas starting after December 31, 2026. Unused tribal amounts could carry forward up to five years, with carry rules that affect the general NMTC limit in the sixth year. The… - SSI resource protection for Indian benefits: benefit, medium. If enacted, the bill would exclude Indian general welfare benefits from SSI resource counting for nine months after the month you receive them. It would also exclude certain grantor trusts set up by Indian tribes when the tribe is the grantor. These exclusions would take effect upon enactment and c… - Changes to tribal tax-exempt bonds: mixed, high. If enacted, the bill would create a $400 million annual national cap for Indian Tribal Government tax-exempt bonds and a separate $45 million annual cap for Alaska Native Intertribal Consortia. The $400 million cap would be indexed for inflation after 2027 and rounded to the nearest $100,000. The b… ## Related bills - 119-hr-7148: Consolidated Appropriations Act, 2026 - 119-hr-9877: Health Equity and Accountability Act of 2026 - 119-hr-9250: Great American Outdoors Act 250 - 119-hr-1502: North Platte Canteen Congressional Gold Medal Act - 119-hr-3514: Improving Seniors’ Timely Access to Care Act of 2025 - 119-hr-909: Crime Victims Fund Stabilization Act of 2025 ## Sources - [119-hr-7705 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/7705) ## Related - [119-hr-7148: Consolidated Appropriations Act, 2026](https://policyrisk.com/legislation/119-hr-7148) - [119-hr-9877: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-hr-9877) - [119-hr-9250: Great American Outdoors Act 250](https://policyrisk.com/legislation/119-hr-9250) - [119-hr-1502: North Platte Canteen Congressional Gold Medal Act](https://policyrisk.com/legislation/119-hr-1502) - [119-hr-3514: Improving Seniors’ Timely Access to Care Act of 2025](https://policyrisk.com/legislation/119-hr-3514) - [119-hr-909: Crime Victims Fund Stabilization Act of 2025](https://policyrisk.com/legislation/119-hr-909) - [All bills in Congress](https://policyrisk.com/legislation) Source: PRIA, https://policyrisk.com/legislation/119-hr-7705 (as of 2026-09-12).