S 2371 · 118th Congress · Taxation
ACRE Act of 2023
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(2023-07-19)
Plain Language Summary
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Access to Credit for our Rural Economy Act of 2023 or the ACRE Act of 2023 This bill excludes from the gross income of certain financial lending institutions, for income tax purposes, interest received on loans secured by rural or agricultural real estate.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (6)
1 Democrat4 Republicans1 Independent