Here, and an excerpt:
The Stimulus Act contained authority for Indian tribes to issue $400 million in tax credit allocation for 2009 and 2010. While no tribe took advantage of the program, DACTS is reliably informed by congressional offices that this $400 million remains available for use. One thing the Stimulus Act bond program did not include was an escrow account to be used by the issuing tribes to repay principal once the bonds are issued.
Like the readers of this article, I am frustrated and saddened by the lack of progress Congress is making on any number of Indian country priorities. With the $400 million in tax credit authority still on the books, all that is left to do is establish the escrow account. I believe the time is right for Congress and the Administration to make this a priority in the next Congress which starts in January 2015.
When she testified before the Senate Committee on Indian Affairs in May 2013, Interior Secretary Sally Jewell said that the state of Indian education – student performance as well as the condition of Bureau of Indian Education facilities – is “an embarrassment to you and to us.”
After becoming Chairman of that Committee in February 2014, Senator Jon Tester issued a very strong opinion piece in this newspaper about the importance of Indian education. He said that “education is the foundation for sound life choices that increase economic security and helps us climb the ladder of success.”