TCC E-Board Approves $100k Tribal Distribution

Written by Communications_Dept on . Posted in Newsletter Frontpage and Current

Pursuant to the action taken at the 1/9/18 Executive Board meeting to approve the $100k tribal distribution to the TCC 37 Federally Recognized Tribes, for a total of $3.7 million, a letter and blank draft resolution was provided to TCC Federally Recognized Tribes on 1/30/18. Tribes will have the opportunity to apply for the $100,000 to utilize for improvement project within their community to strengthen tribal operations. 

We have asked tribes to fill out and return a resolution stating how they plan to use the funds with a focus on jobs and economic development.

State and Federal payroll taxes will take priority for the funding, so verification that both are current will be required to receiving the funding. In the event the $100k distribution will be utilized for payment of the tribe’s payroll taxes to IRS, TCC will make the payment directly to the IRS. In the event that the tribe’s payment to the IRS is less than $100k, they must outline the planned use to first pay the tribe’s IRS payroll tax bill, and how the remaining funds will be utilized.

The deadline to submit resolutions in March 30, 2018 by 5:00pm, with the plan to have the funds mailed or direct deposited to Federally Recognized Tribes.

We will be following up with tribes asking to report back to TCC by July 31st, 2018, confirming how the funds were used along with the number of jobs created, debts paid down, projects completed, etc. so we can compile the information and report the totals out to all the tribes. $10,000 will be withheld from each distribution and will be released to the tribe as soon as the final report in received by TCC.

This funding is another way that TCC is working towards its vision of Healthy, Strong, Unified Tribes.

DEADLINE TO SUBMIT RESOLUTIONS: March 30, 2018 by 5:00 pm