WASHINGTON – The Treasury Department this morning published a 29-page notice detailing how tribal governments can apply for $2 billion of tribal economic development bonds, which were authorized under the American Recovery and Reinvestment Act in February.

The notice describes how a tribal government can apply for some of the bonds allocated, and includes a sample application.

The notice also details what types of projects can be financed with the bonds, and the method that the Internal Revenue Service will use to allocate the $2 billion to applicants.


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