Introduced
S. 838
Introduced in Senate · March 26, 2025March 4, 2025
Mr. Moran (for himself, Mr. King, Mr. Tuberville, Mr. Gallego, and Mr. Cramer) introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 to exclude from gross income interest received on certain loans secured by rural or agricultural real property.
Interest on loans secured by rural or agricultural real property
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Access to Credit for our Rural Economy Act of 2025” or as the “ACRE Act of 2025”.