S 2371 118th Congress Senate Taxation

ACRE Act of 2023

Introduced: December 10, 2024 Introduced by: Moran, Jerry Republican · Kansas See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jul 19, 2023

Read twice and referred to the Committee on Finance.

Jul 19, 2023

Introduced in Senate

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Plain-English summary Congressional Research Service

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.

What's happening now July 19, 2023

Read twice and referred to the Committee on Finance.

Related & companion bills 1

Bill text 1 version