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HR 3615 99th Congress House

Agricultural IDB Protection Act of 1985

Official title: A bill to extend the use of and expand eligibility for Agricultural Industrial Development Bonds.

Introduced: October 24, 1985 See on congress.gov
Taxation Agricultural machineryAgriculture and Rural AffairsFarmsFinance and Financial Sector
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Income taxIndustrial development bondsInterestSecurities and InvestmentsTax exclusionTax-exempt securities
This bill died when the 99th Congress ended
It never became law before the 99th Congress (1985–1986) 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
Oct 24, 1985
Referred to House Committee on Ways and Means.
Oct 24, 1985
Introduced in House
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 Latest action October 24, 1985

Referred to House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Agricultural IDB Protection Act of 1985 - Amends the Internal Revenue Code to modify the definition of "manufacturing facility" for purposes of tax-exempt industrial development bonds to include land, improvements to land, or property of a character subject to the allowance for depreciation that is used in the cultivation, raising, production, catching, harvesting, or processing of plants or animals. Modifies the definition of "substantial farmland" to require the size of the parcel to be 30 percent of the median size of a farm in the county in which the parcel is located. Permits used farm equipment to be eligible for industrial development bonds if it is acquired by an individual who is a first-time farmer.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 3615: Agricultural IDB Protection Act of 1985. 99th Congress. Open America. https://openamerica.io/bill/99-HR-3615/
MLA
"H.R. 3615: Agricultural IDB Protection Act of 1985." 99th Congress, 2026, Open America, https://openamerica.io/bill/99-HR-3615/.
Bluebook (legal)
H.R. 3615, 99th Cong. (2026), https://openamerica.io/bill/99-HR-3615/.
Markdown link
[H.R. 3615: Agricultural IDB Protection Act of 1985](https://openamerica.io/bill/99-HR-3615/)
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