HR 3817 · 110th Congress · Taxation

Agricultural Bond Improvement Act of 2007

Introduced 2007-10-10· Sponsored by Rep. Pomeroy, Earl [D-ND-At Large]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2007-10-10)

Plain Language Summary

[AI summary unavailable — showing source text] Agricultural Bond Improvement Act of 2007 - Amends the Internal Revenue Code to: (1) exempt agricultural bonds from the volume cap applicable to private activity bonds; (2) increase the loan limit on agricultural bonds to $450,000 and index such amount for inflation after 2007; and (3) eliminate the dollar limitation in the definition of substantial farmland used for agricultural bonds.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (19)

9 Democrats10 Republicans
Rep. King, Steve [R-IA-5]IA
Rep. Boswell, Leonard L. [D-IA-3]IA
Rep. Hulshof, Kenny C. [R-MO-9]MO
Rep. Salazar, John T. [D-CO-3]CO
Rep. Paul, Ron [R-TX-14]TX
Rep. Loebsack, David [D-IA-2]IA
Rep. Rehberg, Dennis R. [R-MT-At Large]MT
Rep. Terry, Lee [R-NE-2]NE
Rep. Fortenberry, Jeff [R-NE-1]NE
Rep. Herseth Sandlin, Stephanie [D-SD-At Large]SD
Rep. Walz, Timothy J. [D-MN-1]MN
Rep. Kagen, Steve [D-WI-8]WI
Rep. Gerlach, Jim [R-PA-6]PA
Rep. Emerson, Jo Ann [R-MO-8]MO
Rep. Latham, Tom [R-IA-4]IA
Rep. Johnson, Timothy V. [R-IL-15]IL
Rep. Kind, Ron [D-WI-3]WI
Rep. Space, Zachary T. [D-OH-18]OH
Rep. Braley, Bruce L. [D-IA-1]IA