Sen. Susan Webber, D-Browning, asks a question during a hearing on SB 154 before the Senate Judiciary Committee on Jan. 17 in the state capitol.
THOM BRIDGE, Independent Record
A bill providing tax exemptions for tribal members who own fee land and are in the process of converting that land to trust went before the Legislature on Tuesday.
Sen. Susan Webber, D-Browning, called Senate Bill 119 a “clean-up bill,” slightly revising a law passed last session, which said that property owned in fee by a tribe is temporarily exempt from taxation when that land is being transferred to trust, and under certain other conditions.
“That’s all this bill does is to include the tribal member,” Webber explained to the Senate Taxation Committee.
The International Monetary Fund says there are signs of resilience for an economic turnaround next year.
Fee vs. trust land
Webber’s bill concerns “fee land,” which refers to property that an individual owns outright. Trust land refers to property held in trust by the U.S. government for the benefit of Native American tribes or for the benefit of individual tribal