Indian Financing Act of 1973: An Act to Finance Economic Development for Indians and Indian Organizations, 1967-01-01 - 1974-12-31
Item — Box: LG 67, Folder: 23
Identifier: CAC_CC_009_2_67_23_0012
The Indian Financing Act of 1973 was introduced in the House of Representatives to provide financing for the economic development of Indians and Indian organizations. The Act aims to provide capital on a reimbursable basis to help develop and utilize Indian resources and integrate them into American life. It establishes definitions for terms related to Indian financing and creates the Indian Revolving Loan Fund to provide credit for Indians and Indian organizations. Loans can be made for various purposes and must be repaid within thirty years with interest determined by the Secretary of the Treasury. The Secretary has the authority to cancel or adjust loans that are deemed uncollectible.
Dates
- 1967-01-01 - 1974-12-31
Extent
18 pages
Overview
90th Congress (1967-1969); 91st Congress (1969-1971); 92nd Congress (1971-1973); 93rd Congress (1973-1975)
General
Native Americans
Repository Details
Part of the Carl Albert Center Congressional and Political Collections Repository