25 U.S.C. § 5506: Tax exemption for conveyed…

Summary

Property given to tribes under this law, and the money that comes from that property, must not be taxed by federal, state, or local governments while the United States holds the property in trust. If that money is paid out to tribal members, it is not counted as their income or assets for tax purposes and cannot be used to deny or reduce benefits under the Social Security Act (42 U.S.C. 301 et seq.) or any other federal or federally assisted program.

Title 25, §5506

Indians, Source: USLM XML via OLRC

All property conveyed to tribes pursuant to this chapter and all the receipts therefrom referred to in section 5505 of this title, shall be exempt from Federal, State, and local taxation so long as such property is held in trust by the United States. Any distribution of such receipts to tribal members shall neither be considered as income or resources of such members for purposes of any such taxation nor as income, resources, or otherwise utilized as the basis for denying or reducing the financial assistance or other benefits to which such member or his household would otherwise be entitled to under the Social Security Act [42 U.S.C. 301 et seq.] or any other Federal or federally assisted program.

Notes & Related Subsidiaries

Editorial Notes

References in Text

The Social Security Act, referred to in text, is act Aug. 14, 1935, ch. 531, 49 Stat. 620, which is classified generally to chapter 7 (§ 301 et seq.) of Title 42, The Public Health and Welfare. For complete classification of this Act to the Code, see section 1305 of Title 42 and Tables. Codification Section was formerly classified to section 459e of this title prior to editorial reclassification and renumbering as this section.

§5506 Tax Exemption for Conveyed Lands and Gross Receipts; Distribution of Gross Receipts to Tribal Members

Summary

Title 25, §5506

Notes & Related Subsidiaries

Editorial Notes

References in Text

Citations & Metadata