S. 2616IntroducedSenate · nowHousePresidentLawIn committeeSec. 1 · S. 2616
Tax exemption; resources exemption limitation
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(a) In general Section 7 of the Act of October 19, 1973 (25 U.S.C. 1407), is amended, in the undesignated matter following paragraph (4), by striking $2,000 and inserting $5,000. (b) Technical corrections Section 7 of the Act of October 19, 1973 (25 U.S.C. 1407), is amended— (1) in paragraph (1), by striking, or and inserting a comma; and (2) in paragraph (4), by striking cede and inserting ceded.