H.R. 1872 · 116th Congress
Enhancing Credit Opportunities in Rural America Act of 2019
Key: what the circles and colors mean
Each circle is a bill. The ring fills as it moves through Congress:
Under the number: the Yea · Nay count of its final (or latest) recorded vote. On a member's page, the small badge is how that member voted: Y Yea / Aye, N Nay / No, P Present, – Not voting.
Gold and violet are only for Yea and Nay; they never mean a party. A member's party is the letter on their photo.
Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
WatkinsSponsor18 cosponsors · 2 D, 16 R
R
Marshall
CM
R
Miller
JB
R
Banks
DR
R
Riggleman
GR
R
Reschenthaler
JC
R
Comer
SK
R
King
JM
R
Moolenaar
RE
R
Estes
SP
R
Palazzo
RA
R
Abraham
JV
D
Van Drew
MB
R
Brooks
JS
R
Smith
DB
R
Bacon
KA
R
Armstrong
RW
R
Wittman
RK
D
Kind1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Enhancing Credit Opportunities in Rural America Act of 2019 or the ECORA Act of 201 9
What it does: CRS summary · Introduced in House · Mar 26, 2019
Enhancing Credit Opportunities in Rural America Act of 2019 or the ECORA Act of 2019
This bill modifies the requirements for calculating taxable income to exclude from gross income interest received by a lender from real estate loans secured by agricultural real estate or by a leasehold mortgage (with a status as a lien) on agricultural real estate.
Agricultural real estate includes real property that is substantially used for the production of one or more agricultural products. It also includes any single family residence that is (1) the principal residence of its occupant, (2) located in a rural area which is not within a Metropolitan Statistical Area and has a population of 2,500 or less; and (3) is purchased or improved with the proceeds of a loan secured by property used for the production of one or more agricultural products.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Enhancing Credit Opportunities in Rural America Act of 2019
Latest action (Mar 26, 2019): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Mar 26, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.