Comment from Morongo Band of Mission Indians

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Summary: The Morongo Band of Mission Indians is requesting that the Department of the Treasury and the IRS issue updated guidance to allow tribal governments to issue tax-exempt debt for a broader range of economic development activities. They argue that the current narrow interpretation of "essential governmental functions" is inconsistent with Supreme Court precedent and GAO findings, and they specifically request inclusion of activities like rental housing, roads, and convention centers.
See attached file(s); this file supersedes the earlier submission by Morongo that lacked the fourth and final page on Tribal Bonds policy. Many thanks, Sam Cohen, Chief Legal Officer 909-454-4515

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