House bill HR3139-118

Ways and Means Committee

ACRE Act of 2023

• Last activity on May 09, 2023

• Introduced May 09, 2023

• By Rep. Feenstra, Randy [R-IA-4]

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Main Subject: Taxation

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.

House floor actions Actions

IntroReferral
May. 09 2023	Referred to the House Committee on Ways and Means.

Library of Congress Actions

IntroReferral
May. 09 2023	Introduced in House Introduced in House

House bill HR3139-118

ACRE Act of 2023

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