Extension of Lease Authority for Indian Lands in New Mexico, 1971-04-22

Item — Box: 67, Folder: 21

Identifier: CAC_CC_009_2_67_21_0009

Staff Only

H.R. 7701 is a bill introduced by Mr. Lujan in the House of Representatives in 1971 to authorize longer term leases of Indian lands located outside the boundaries of reservations in New Mexico. The bill seeks to amend the Act of August 9, 1955 to allow for 99-year leases on trust or restricted Indian lands in New Mexico. This change is necessary to allow for long-term development leases and to meet the requirements of lending institutions and insurance companies.