Skip to main content
HR 4854 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 Communities Investment Act of 2006

Introduced: March 2, 2006 See on congress.gov
This bill died when the 109th Congress ended
It never became law before the 109th Congress (2005–2006) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 2, 2006
Referred to the House Committee on Ways and Means.
Mar 2, 2006
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Rural Communities Investment Act of 2006 - Amends the Internal Revenue Code to exclude from gross income interest received by a bank or savings association insured under the Federal Deposit Insurance Act on a loan acquired to purchase or improve rural housing and secured by rural housing or by a leasehold mortgage on such housing. Defines "rural housing" as any single family principal residence located in a rural area.

What's happening now March 2, 2006

Referred to the House Committee on Ways and Means.

 Related & companion bills 2
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4854: Rural Communities Investment Act of 2006. 109th Congress. Open America. https://openamerica.io/bill/109-HR-4854/
MLA
"H.R. 4854: Rural Communities Investment Act of 2006." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-4854/.
Bluebook (legal)
H.R. 4854, 109th Cong. (2026), https://openamerica.io/bill/109-HR-4854/.
Markdown link
[H.R. 4854: Rural Communities Investment Act of 2006](https://openamerica.io/bill/109-HR-4854/)
Report a problem