HR 399
109th Congress
House
Taxation
Agricultural credit
Agriculture and Food
Commerce
Farm lands
Finance and Financial Sector
Housing and Community Development
Income tax
Interest
Mortgages
Rural housing
Savings and loan associations
Tax exclusion
Rural Economic Investment Act of 2005
Introduced: January 26, 2005
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 26, 2005
Referred to the House Committee on Ways and Means.
Jan 26, 2005
Introduced in House
Plain-English summary
Rural Economic Investment Act of 2005 - Amends the Internal Revenue Code to exclude from gross income interest received by a bank or savings association that is insured under the Federal Deposit Insurance Act on a loan secured by agricultural real estate or by a leasehold mortgage on agricultural real estate (real property used for agricultural production or certain single family rural residences).
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1