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H.R. 3139 · 118th Congress

ACRE Act of 2023

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

RFR FeenstraSponsor
68 cosponsors · 21 D, 47 R
WND Nickel BCR Carter DRD Ross DDD Davis ZZR (Zach) Nunn ABR Barr MMD McGarvey KMD Manning DLR LaHood JPD Panetta JCD Costa RHR Hudson DKR Kustoff JLR LaTurner DJR Johnson BPD Pettersen JBR Bergman YCD Caraveo SBR Bice JGD Gottheimer VFR Foxx PRD Ryan RER Estes MFR Fischbach RAR Aderholt KAR Armstrong MDR De La Cruz CFR Fleischmann MFR Flood PGR Gosar RGD Gallego CHR Higgins AHR Hinson TMR Mann MMR Miller-Meeks CPD Pappas GRR Reschenthaler BSR Steil SFR Fitzgerald JCR Carl JMR Moolenaar BMR Moore MBR Bost BOR Owens NND (Nikki) Budzinski MMR Miller SGR Graves BFR Fitzpatrick ASD Salinas BFR Finstad AWR Wagner EHR Houchin SCD Carbajal LBR Bucshon SWR Womack RWR Williams JER Ellzey MPD Pocan HSD Scholten MRR Rogers GPR Palmer DVR Van Orden GGR Graves LMR McClain BWR Wenstrup ACD Craig GLD Landsman JND Neguse

1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Access to Credit for our Rural Economy Act of 2023 or the ACRE Act of 2023

What it does: CRS summary · Introduced in House · May 9, 2023

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.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: ACRE Act of 2023

Also known as: Access to Credit for our Rural Economy Act of 2023

Latest action (May 9, 2023): Referred to the House Committee on Ways and Means.

Policy area: Taxation · Origin: House · Introduced: May 9, 2023

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.