S 723
Became law
Requires the Bureau of Indian Affairs to review and act on mortgage packages for homes and businesses on Indian land within set deadlines, from 10 to 30 calendar days depending on the document, and to notify lenders when it falls behind.
Official title: Tribal Trust Land Homeownership Act of 2025
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Received
15-DEC-2025
Passed
04-MAR-2026
Senate
Introduced
25-FEB-2025
Referred
25-FEB-2025
Approved by committee
05-MAR-2025
Reported
03-SEP-2025
On the calendar
03-SEP-2025
Passed
11-DEC-2025
President
Presented
27-APR-2026
Signed
04-MAY-2026
Became law
04-MAY-2026
- Requires the Bureau to complete a preliminary review within 10 calendar days and notify lenders of missing documents within 2 days.
- Sets approval or disapproval deadlines of 20 calendar days for leasehold mortgages and 30 calendar days for land mortgages and right-of-way documents, with written reasons for any denial.
- Gives read-only access to the Bureau's TAAMS land records to the relevant federal agencies and tribes, and creates a Realty Ombudsman position within the Bureau to track deadlines and handle complaints.
- Requires an annual report to Congress on missed deadlines and a GAO study on digitizing tribal mortgage records.
Current. The Congressional Research Service's summary covers the bill's latest wording (Public Law, 04-MAY-2026).
CRS is the Library of Congress's nonpartisan research office. Read it on congress.gov- Indian Affairs Committee (Senate)
Native Americans
■ 2 R■ 1 D
2 Republicans
1 Democrat