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5 Things You Need to Know this Week
Welcome to #NAFOAFall2020 Conference Week
(and other important policy updates for Indian Country)
Monday, October 5, 2020
1. EVENTS:
WELCOME TO #NAFOAFALL2020 WEEK!
Did you register for the NAFOA Fall 2020 Virtual Conference? Make sure you find your confirmation email and register on Zoom to join the conference sessions.
For the best conference experience, please download or update your Zoom Client for Meetings to Version 5.3.1 (52879.0927).
2. INDIAN COUNTRY & COVID-19:
HOUSE DEMOCRATS INTRODUCE UPDATED CORONAVIRUS RELIEF LEGISLATION
Last week, House Democrats introduced an updated version of the HEROES Act. The House voted and passed the new version on Thursday October 1. The original Act was passed by the House in May and was intended to provide relief to individuals, businesses, and governments from the ongoing coronavirus pandemic. The updated version shaves over $1 trillion off the original price tag. Both versions are favorable towards Indian Country and tribal governments.
Negotiations this week stalled between the parties, and it is unlikely that the updated bill will be taken up by Senate Republicans at all. Relief negotiations are unlikely to resume before the election.
3. POLICY:
HOUSE WAYS & MEANS COMMITTEE CALLS FOR IMPROVEMENTS TO THE NEW MARKETS TAX CREDIT PROGRAM
On September 28, 2020, the House Committee on Ways & Means sent a bipartisan letter to the U.S. Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) Director Jodie Harris regarding the lack of Indian Country inclusion and parity in the New Markets Tax Credit (NMTC) program.
This action is a direct result of the House Ways & Means Committee’s Subcommittee on Select Revenue Measures historic hearing on Examining the Impact of the Tax Code on Native American Tribes on March 4, 2020. NAFOA has been a leading advocate on behalf of tribal governments for increased direct allocations for Indian Country. The letter was prompted in part by the latest slight by the Department of Treasury of tribal entities once again receiving no tax credit awards from the multi-billion dollar program.
Read more in NAFOA’s recent broadcast.
4. FOR YOUTH AND YOUNG PROFESSIONALS:
CAREER BASICS FALL I REGISTRATION OPEN TIL
OCTOBER 9TH
In case you missed it, NAFOA is offering our Career Basics program this fall in two sessions. The Fall I is currently open for the month of October and registration ends October 9.
The Career Basics program equips Native youth and young professionals with the essential tools, such as professional development modules, budget planning, etc., to fare during these trying times. Sessions will be hosted on the following dates:
Know a Native youth or young professional who would benefit from the program?
Send us their name and contact information at education@nafoa.org, and we will extend a personal invitation.
5. #NAFOAFALL2020:
THE NAFOA FALL 2020 NAVIGATOR IS AVAILABLE FOR DIGITAL DOWNLOAD FOR ALL
The Fall 2020 NAFOA Navigator is available for digital download. We’re making this issue of the Navigator is available for conference attendees and the general public. Learn more about the Conference, our sponsors, and policy and professional updates from NAFOA, and more.
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