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.
Sponsors
Legislative Progress
Passed SenateReported by Ms. Murkowski, without amendment
Passed Senate (inferred from es version)
Mr. Thune (for himself, Ms. Smith, and Mr. Rounds) introduced …
Summary
What This Bill Does
This bill requires the Bureau of Indian Affairs to process and complete mortgage packages for residential and business mortgages on Indian land within specified deadlines.
Who Benefits and How
- Indian landowners gain faster access to mortgages on trust land
- Tribal homeownership is facilitated through streamlined processing
- Economic development on Indian land benefits from timely lending
Who Bears the Burden and How
- BIA Regional, Agency, and Land Titles offices must meet processing deadlines
- Administrative improvements required for compliance
Key Provisions
- Sets deadlines for mortgage package processing
- Covers residential and business mortgages
- Applies to land mortgages and leasehold mortgages
- Includes home acquisition, construction, improvements, and economic development
Evidence Chain:
This summary is derived from the structured analysis below. See "Detailed Analysis" for per-title beneficiaries/burden bearers with clause-level evidence links.
Primary Purpose
Requires BIA to process mortgage packages for Indian land within specific deadlines.
Policy Domains
Legislative Strategy
"Reduce barriers to Indian land mortgages"
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "director"
- → Director of BIA
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology