US SB2371 | 2023-2024 | 118th Congress
Status
Spectrum: Slight Partisan Bill (Republican 5-1-1)
Status: Introduced on July 19 2023 - 25% progression
Action: 2023-07-19 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 19 2023 - 25% progression
Action: 2023-07-19 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A bill to amend the Internal Revenue Code of 1986 to exclude from gross income interest received on certain loans secured by rural or agricultural real property.
Title
ACRE Act of 2023 Access to Credit for our Rural Economy Act of 2023
Sponsors
| Sen. Jerry Moran [R-KS] | Sen. Angus King [I-ME] | Sen. Jon Tester [D-MT] | Sen. Kevin Cramer [R-ND] |
| Sen. Tom Cotton [R-AR] | Sen. Tommy Tuberville [R-AL] | Sen. Mike Rounds [R-SD] |
History
| Date | Chamber | Action |
|---|---|---|
| 2023-07-19 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB3139 (Same As) 2023-05-09 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/118th-congress/senate-bill/2371/all-info |
| Text | https://www.congress.gov/118/bills/s2371/BILLS-118s2371is.pdf |
