S 3381
Tribal Trust Land Homeownership Act of 2021
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- Passed Senate
- Passed House
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- Became Law
Bill overview
This bill, the Tribal Trust Land Homeownership Act of 2021, aims to speed up the processing of mortgages on tribal trust lands. It requires the Bureau of Indian Affairs (BIA) to quickly review and approve or disapprove mortgage applications, establish clear deadlines for completing title reports, and provide timely notifications to lenders and tribes. The bill also creates a Realty Ombudsman position within the BIA to improve communication and resolve issues related to these mortgages, and mandates access to a key BIA system for relevant agencies and tribes. Finally, it directs the GAO to study the feasibility of digitizing mortgage records.
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Primary sponsor
Cosponsors
Jon Tester
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