State and local taxation

HR 725: Crow Revenue Act

Crow Revenue Act

This bill addresses the exchange of mineral interests in Montana involving the federal government, the Crow Tribe of Montana, and a private party.

Specifically, the bill requires 

  • the Department of the Interior to accept the relinquishment of a specified federal coal lease associated with the Bull Mountains Mine near Roundup, Montana (the current operator of the mine is Signal Peak Energy); 
  • the Joe and Barbara Hope Mineral Trust (Hope Family Trust) to convey approximately 4,660 acres of subsurface mineral interests located within the boundaries of the Crow Indian Reservation in Big Horn County, Montana, to the tribe; and 
  • Interior to convey approximately 4,530 acres of subsurface mineral interests and 940 acres of surface interests located in Musselshell County, Montana, to the Hope Family Trust. 

Prior to these conveyances, the tribe must notify Interior that the tribe and the Hope Family Trust have agreed on a revenue-sharing formula for the development of the mineral and surface interests in Musselshell County, Montana.

The mineral interests conveyed by the Hope Family Trust to the tribe shall be held in trust by the United States for the benefit of the tribe, upon the tribe’s request. These mineral interests shall not be subject to state or local taxation.

Sponsors

Troy Downing (R) MT

Cosponsors

Ryan Zinke (R) MT

Introduced on
Friday, January 24th, 2025

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S 239: Crow Revenue Act

Crow Revenue Act

This bill addresses the exchange of mineral interests in Montana involving the federal government, the Crow Tribe of Montana, and a private party.

Specifically, the bill requires 

  • the Department of the Interior to accept the relinquishment of a specified federal coal lease associated with the Bull Mountains Mine near Roundup, Montana (the current operator of the mine is Signal Peak Energy); 
  • the Joe and Barbara Hope Mineral Trust (Hope Family Trust) to convey approximately 4,660 acres of subsurface mineral interests located within the boundaries of the Crow Indian Reservation in Big Horn County, Montana, to the tribe; and 
  • Interior to convey approximately 4,530 acres of subsurface mineral interests and 940 acres of surface interests located in Musselshell County, Montana, to the Hope Family Trust. 

Prior to these conveyances, the tribe must notify Interior that the tribe and the Hope Family Trust have agreed on a revenue-sharing formula for the development of the mineral and surface interests in Musselshell County, Montana.

The mineral interests conveyed by the Hope Family Trust to the tribe shall be held in trust by the United States for the benefit of the tribe, upon the tribe’s request. These mineral interests shall not be subject to state or local taxation.

Sponsors

Steve Daines (R) MT

Cosponsors

Tim Sheehy (R) MT

Introduced on
Friday, January 24th, 2025

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S 105: Wounded Knee Massacre Memorial and Sacred Site Act

Wounded Knee Massacre Memorial and Sacred Site Act

This bill directs the Department of the Interior to complete all actions necessary to place approximately 40 acres of land in Oglala Lakota County, South Dakota, into restricted fee status for the Oglala Sioux Tribe and the Cheyenne River Sioux Tribe. Restricted fee status refers to land that is owned by a tribe or tribal member but is subject to restrictions by the United States against alienation (i.e., sale or transfer) or encumbrance (e.g., liens, leases, or rights-of-way) by operation of law.

The bill requires the land to be held and maintained as a memorial and sacred site, as outlined by the document titled Covenant Between the Oglala Sioux Tribe and the Cheyenne River Sioux Tribe and dated October 21, 2022. Further, it prohibits commercial development and gaming activity on the land.

Sponsors

Mike Rounds (R) SD

Cosponsors

John Thune (R) SD

Introduced on
Wednesday, January 15th, 2025

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HR 246: SALT Fairness for Working Families Act

SALT Fairness for Working Families Act

This bill increases the limitation on the federal tax deduction for state and local taxes (commonly known as the SALT deduction cap) to $15,000 ($30,000 for married individuals filing a joint federal income tax return). 

Under current law, the SALT deduction cap is $10,000 ($5,000 for a married individuals filing separate federal income tax returns).

Sponsors

Lauren Underwood (D) IL

Cosponsors

Sean Casten (D) IL

Introduced on
Thursday, January 9th, 2025

Subjects
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HR 232: SALT Fairness and Marriage Penalty Elimination Act

SALT Fairness and Marriage Penalty Elimination Act

This bill increases the limitation on the federal tax deduction for state and local taxes (commonly known as the SALT deduction cap) to $100,000 ($200,000 for married individuals filing a joint federal income tax return). 

Under current law, the SALT deduction cap is $10,000 ($5,000 for married individuals filing separate federal income tax returns). 

Sponsors

Michael Lawler (R) NY

Cosponsors

Mikie Sherrill (D) NJ

Introduced on
Tuesday, January 7th, 2025

Subjects
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HR 165: Wounded Knee Massacre Memorial and Sacred Site Act

Wounded Knee Massacre Memorial and Sacred Site Act

This bill directs the Department of the Interior to complete all actions necessary to place approximately 40 acres of land in Oglala Lakota County, South Dakota, into restricted fee status for the Oglala Sioux Tribe and the Cheyenne River Sioux Tribe. Restricted fee status refers to land that is owned by a tribe or tribal member but is subject to restrictions by the United States against alienation (i.e., sale or transfer) or encumbrance (e.g., liens, leases, or rights-of-way) by operation of law.

The bill requires the land to be held and maintained as a memorial and sacred site, as outlined by the document titled Covenant Between the Oglala Sioux Tribe and the Cheyenne River Sioux Tribe and dated October 21, 2022. Further, it prohibits commercial development and gaming activity on the land.

Sponsors

Dusty Johnson (R) SD

Cosponsors

None

Introduced on
Friday, January 3rd, 2025

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