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.
On the recordMarch 7, 2023
Source
congress.govEditor's note · Context
Cortez Masto advocates for repealing a restriction that limits tribes' access to tax-exempt bonds.
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