A bill to improve the economic conditions and supply of housing in Native American communities by creating the Native American Financial Services Organization, and for other purposes.
TABLE OF CONTENTS:
Title I: Statement of Policy; Definitions
Title II: Native American Financial Services Organization
Title III: Capitalization of Organization
Title IV: Regulation, Examination, and Reports
Title V: Formation of New Corporation
Title VI: Authorizations of Appropriations
Native American Financial Services Organization Act of 1994 - Title I: Statement of Policy; Definitions - Sets forth a statement of policy and purposes and definitions with respect to this Act.
Title II: Native American Financial Services Organization - Establishes the Native American Financial Services Organization (Organization) to assist in improving Native American housing and economic situations including the creation of Native American Financial Institutions.
Authorizes a Native American lending services grant.
Title III: Capitalization of the Organization - Sets forth Organization capitalization provisions.
Title IV: Regulation, Examination, and Reports - Sets forth Organization regulation, examination, and reporting provisions.
Title V: Formation of New Corporation - Provides for the formation of a new Organization under the laws of any tribe, State, or the District of Columbia.
Title VI: Authorizations of Appropriations - Authorizes appropriations for: (1) Native American Financial Institutions; and (2) the Organization.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S13857-13858)
Read twice and referred to the Committee on Indian Affairs.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line