Introduction of the Indian Business Development Program Act in the 92nd Congress, 1971-05-12

This bill, introduced in the House of Representatives in 1971, aims to establish an Indian business development program within the Department of the Interior to stimulate Indian entrepreneurship and employment by providing grants to Indians and Indian tribes to establish and expand profit-making enterprises on or near reservations. The bill defines terms such as "Indian" and "reservation" and sets guidelines for grant amounts and eligibility. It also authorizes appropriations and gives the Secretary of the Interior the authority to create necessary rules and regulations for the program.