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US S70

US S70
Tribal Trust Land Homeownership Act of 2023


summary

Introduced
01/25/2023
In Committee
02/15/2023
Crossed Over
07/20/2023
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

AN ACT To require the Bureau of Indian Affairs to process and complete all mortgage packages associated with residential and business mortgages on Indian land by certain deadlines, and for other purposes.

AI Summary

This bill, the Tribal Trust Land Homeownership Act of 2023, aims to require the Bureau of Indian Affairs (BIA) to process and complete all mortgage packages associated with residential and business mortgages on Indian land within certain deadlines. It defines key terms like "Indian land," "mortgage package," and "relevant Federal agency," and sets specific timelines for the BIA to conduct preliminary reviews, approve or disapprove mortgage packages, and provide certified title status reports. The bill also establishes a Realty Ombudsman position within the BIA's Division of Real Estate Services to oversee the agency's compliance with the deadlines and facilitate communication with other Federal agencies involved in mortgages on Indian land.

Committee Categories

Military Affairs and Security

Sponsors (7)

Last Action

Held at the desk. (on 07/20/2023)

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