More than a hundred years after the Buy Indian Act
was passed in 1910, it's finally being enforced.
The legislation, first passed during the administration of President William Howard Taft, was aimed at ensuring that American Indian-owned businesses would receive preferences from the Bureau of Indian Affairs, not unlike the set-aside policies that have assisted other minority-owned companies, The Washington Times reports.
The law was designed to assist those living on reservations.
The century-long holdup in enforcement was apparently a result of confusion over language in the law referring to the "discretion" of the Interior secretary.
The law was implemented in July, The Times noted, and is expected to generate about $45 million in new contract business between the government and Indian-owned businesses in the coming years.
Despite the law's just now being officially enforced, American Indian businesses have received contracts from the Interior Department in the past.
© 2015 Newsmax. All rights reserved.