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![handle is hein.congrecreports/crptxaavu0001 and id is 1 raw text is: AUTHENTICATEO
U.S. GOVERNMENT
INFORMATION
GP
Calendar No. 248
115TH CONGRESS SEAEREPORT
1st Session SENATE 115-174
AMENDING THE NATIVE AMERICAN BUSINESS DEVELOPMENT, TRADE
PROMOTION, AND TOURISM ACT OF 2000, THE BUY INDIAN ACT, AND
THE NATIVE AMERICAN PROGRAMS ACT OF 1974 TO PROVIDE INDUSTRY
AND ECONOMIC DEVELOPMENT OPPORTUNITIES TO INDIAN COMMU-
NITIES
OCTOBER 17, 2017.-Ordered to be printed
Mr. HOEVEN, from the Committee on Indian Affairs,
submitted the following
REPORT
[To accompany S. 1116]
[Including cost estimate of the Congressional Budget Office]
The Committee on Indian Affairs, to which was referred the bill
(S. 1116) to amend the Native American Business Development,
Trade Promotion, and Tourism Act of 2000, the Buy Indian Act,
and the Native American Programs Act of 1974 to provide industry
and economic development opportunities to Indian communities,
having considered the same, reports favorably thereon with amend-
ments and recommends that the bill, as amended, do pass.
PURPOSE
The purpose of S. 1116 is to amend three Federal laws relating
to business, economic, and trade development in Indian commu-
nities. These amendments are intended to increase access to capital
for Indian tribes and businesses, increase opportunities for Indian
business promotion, and create mechanisms and tools to attract in-
vestments in Indian communities.
NEED FOR LEGISLATION
The Committee has held numerous hearings and listening ses-
sions at which Indian tribal leaders, business owners, and entre-
preneurs testified regarding significant challenges to economic de-
velopment in Indian communities. The most prevalent problem has
been accessing capital to start, build, and grow businesses. Long-
range planning and coordination for tribal community development
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