Peoria Tribe Business Leasing Ordinance Approved Under HEARTH Act
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
The Peoria Tribe of Indians of Oklahoma can now approve business leases on its tribal trust lands without needing a separate approval from the Secretary of the Interior each time. This gives the Tribe more direct control over commercial leasing and can speed up business development on its lands. Businesses considering leases with the Tribe may see a simpler approval process. State and local governments generally cannot tax permanent improvements, lease interests, or activities tied to these leases, though the Tribe may impose its own taxes where allowed.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Approves the Peoria Tribe of Indians of Oklahoma Business Leasing Ordinance under the HEARTH Act
- Allows the Tribe to enter into business leases on tribal trust lands without further Interior Department approval
- Confirms that state and local taxes generally do not apply to leasehold interests, permanent improvements, or activities under these leases
Obligations
What this law requires
State and local governments must not tax permanent improvements on leased Peoria tribal trust lands, regardless of ownership, when the lease is covered by the approved tribal business leasing ordinance and applicable federal law.
State and local governments must not tax leasehold or possessory interests in Peoria tribal trust land leases approved under the Tribe’s HEARTH Act business leasing ordinance, subject to applicable federal law.
State and local governments must not tax activities conducted under Peoria tribal trust land business leases approved under the Tribe’s HEARTH Act leasing ordinance, subject to applicable federal law.
The Peoria Tribe of Indians of Oklahoma may enter into covered business leases of its tribal trust lands under its approved leasing ordinance without obtaining separate lease-by-lease approval from the Secretary of the Interior.