S 126
Native American Millennium Challenge Demonstration Act
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Bill overview
This bill establishes the Native American Millennium Challenge Demonstration Project, aiming to provide economic development assistance to Native American communities in remote, underserved areas of the United States. It adapts the principles of foreign aid programs like the Millennium Challenge Corporation to address poverty and promote sustainable economic growth. The project will operate through ‘challenge compacts’ with eligible Native organizations, focusing on strengthening governance, entrepreneurship, and local economies, with a particular emphasis on self-determination and cultural preservation. The bill also outlines procedures for selecting eligible entities and potential waivers of existing regulations to facilitate the project’s implementation.
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