summary
Introduced
05/22/2023
05/22/2023
In Committee
06/09/2023
06/09/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL 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 specific deadlines. It defines key terms, such as "Indian land," "land mortgage," and "mortgage package," and establishes review and processing timelines for the BIA to approve or disapprove residential leasehold mortgages, business leasehold mortgages, land mortgages, and right-of-way documents. The bill also mandates the BIA to complete first and subsequent certified title status reports within defined timeframes and to provide notice of any delays. Additionally, it grants relevant federal agencies and Indian tribes read-only access to the Trust Asset and Accounting Management System maintained by the BIA. The bill further requires the BIA Director to submit an annual report to Congress on the mortgage review and processing, and directs the Government Accountability Office to study the need for digitizing mortgage-related records to streamline the process.
Committee Categories
Agriculture and Natural Resources, Government Affairs
Sponsors (4)
Last Action
Subcommittee Hearings Held (on 07/12/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/3579/all-info |
| BillText | https://www.congress.gov/118/bills/hr3579/BILLS-118hr3579ih.pdf |
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