President Bush signed a $70 billion tax bill that failed to include tax credits for businesses that hire Native Americans.

Last December, the House extended, for one year, two Indian tax employment credits. The tax breaks are designed to help businesses that hire tribal members or spouses of enrolled tribal members who live on Indian lands.

But when Bush signed the bill on Wednesday, the provision had been removed, The Oklahoman reported. All tax extensions were removed at the last minute, the vice president of The State Chamber of Oklahoma said.

Get the Story:
Indian tax credits dropped from bill (The Oklahoman 5/19)
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Internal Revenue Code, Title 26:
SUBPART D--BUSINESS RELATED CREDITS [For Section 45A] | PART VI--ITEMIZED DEDUCTIONS FOR INDIVIDUALS AND CORPORATIONS [For Section 168j]

Former Reservations in Oklahoma:
Notice 98-45 (Internal Revenue Service)

Related Stories:
Bill extends Indian employment tax credit (12/12)