S. 2371 · 118th Congress · Senate

ACRE Act of 2023

Active· Read twice and referred to the Committee on Finance.
Introduced
Jul 19, 23
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

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.

Action Timeline

2
  1. JUL 19, 2023IntroReferral

    Introduced in Senate

  2. JUL 19, 2023IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Jul 19, 2023

Active