U.S. Department of the Treasury Issues Proposed Rules Supporting Expanded Tribal General Welfare for Tribal Communities

*Proposed regulations would support Tribal Nations in providing general welfare for Tribal communities *WASHINGTON – Today, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued a Notice of Proposed Rulemaking(NPRM) to implement section 139E of the Internal Revenue Code, created by the Tribal General Welfare Exclusion Act of 2014 (Act).The Act enables Tribal governments to provide non-taxable assistance and benefits to Tribal members that are excludable from their gross income for federal income tax purposes. The announcement today supports Tribal Nations in advancing the wellbeing of their communities by the provision of general welfare support that ranges from housing aid to restoration of Native language.