Unlocking Native Lands and Opportunities for Commerce and Key Economic Developments Act of 2023

Unlocking Native Lands and Opportunities for Commerce and Key Economic Developments Act of 2023

This bill allows all Indian tribes and individual Indian owners of restricted land to lease their land for up to 99 years, subject to the approval of the Department of the Interior. The bill also provides tribes with the authority to approve certain types of rights-of-way without obtaining approval from Interior.

Bill 118 s 1322, also known as the Unlocking Native Lands and Opportunities for Commerce and Key Economic Developments Act of 2023, aims to promote economic development and commerce on Native American lands. The bill seeks to address the challenges faced by Native American communities in accessing resources and opportunities for economic growth.

One key provision of the bill is the establishment of a task force to identify barriers to economic development on Native lands and develop strategies to overcome these obstacles. The task force will work with tribal governments, businesses, and other stakeholders to create a comprehensive plan for promoting economic growth in Native American communities.

Additionally, the bill includes provisions to streamline the process for obtaining permits and approvals for economic development projects on Native lands. This will help to reduce bureaucratic red tape and make it easier for businesses to invest in and develop projects on tribal lands. Furthermore, the bill includes measures to support small businesses and entrepreneurs in Native American communities, such as providing access to capital and technical assistance programs. These initiatives aim to foster entrepreneurship and create opportunities for economic advancement within Native American communities. Overall, Bill 118 s 1322 seeks to unlock the economic potential of Native American lands and empower tribal communities to pursue economic development opportunities. By addressing barriers to growth and providing support for businesses and entrepreneurs, the bill aims to promote sustainable economic development and prosperity for Native American communities.