Eliminating the essential governmental function test, which is an arbitrary test that prevents tribes from using tax-exempt bonds for the same types of activities that State and local governments use them for, it would allow us to use general tax-exempt bonds for convention facilities, for hotels, for other things, golf courses.
Catherine Cortez Masto: “Eliminating the essential governmental function test, which is an arbitrary test that prevents tribes from using…”
Editor's note · Context
Cortez Masto advocates for repealing restrictions on tribal use of tax-exempt bonds.
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