Agricultural Bond Improvement Act of 2005
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Agricultural Bond Improvement Act of 2005 - Amends the Internal Revenue Code to: (1) exempt agricultural bonds from the volume cap applicable to private activity bonds; (2) permit a Federal guarantee of an agricultural bond under the Consolidated Farm and Rural Development Act without a loss of tax exemption; (3) increase the loan limit on agricultural bonds to $450,000 and index such amount for inflation after 2005; and (4) eliminate the dollar limitation in the definition of substantial farmland used for agricultural bonds.
Referred to the House Committee on Ways and Means.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 651: Agricultural Bond Improvement Act of 2005. 109th Congress. Open America. https://openamerica.io/bill/109-HR-651/
"H.R. 651: Agricultural Bond Improvement Act of 2005." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-651/.
H.R. 651, 109th Cong. (2026), https://openamerica.io/bill/109-HR-651/.
[H.R. 651: Agricultural Bond Improvement Act of 2005](https://openamerica.io/bill/109-HR-651/)