PoliticalRepoPoliticalRepo

United States · Bill · HR

H.R. 3139 (118th)

ACRE Act of 2023

referredUnited States· United States Congress· EN

Introduced

9 May 2023

Last action

9 May 2023 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Feenstra, Randy [R-IA-4], Wiley Nickel, Rep. Ross, Deborah K. [D-NC-2], Rep. Carter, Earl L. "Buddy" [R-GA-1], Rep. Davis, Donald G. [D-NC-1], Zachary Nunn, Morgan McGarvey, Rep. Barr, Andy [R-KY-6], Kathy Manning, Rep. Panetta, Jimmy [D-CA-19], Darin LaHood, Rep. Costa, Jim [D-CA-21], Rep. Kustoff, David [R-TN-8], Richard Hudson, Jake LaTurner, Rep. Pettersen, Brittany [D-CO-7], Dusty Johnson, Jack Bergman, Yadira Caraveo, Rep. Gottheimer, Josh [D-NJ-5], Stephanie Bice, Rep. Ryan, Patrick [D-NY-18], Rep. Foxx, Virginia [R-NC-5], Rep. Estes, Ron [R-KS-4], Rep. Fischbach, Michelle [R-MN-7], Sen. Gallego, Ruben [D-AZ], Kelly Armstrong, Chris Pappas, Rep. Miller-Meeks, Mariannette [R-IA-1], Tracey Mann, Robert Aderholt, Rep. Gosar, Paul A. [R-AZ-9], Mike Flood, Rep. Hinson, Ashley [R-IA-2], Rep. Higgins, Clay [R-LA-3], Bryan Steil, Monica De La Cruz, Rep. Reschenthaler, Guy [R-PA-14], Rep. Fleischmann, Charles J. "Chuck" [R-TN-3], Rep. Fitzgerald, Scott [R-WI-5], John Moolenaar, Jerry Carl, Blake Moore, Mike Bost, Burgess Owens, Rep. Budzinski, Nikki [D-IL-13], Rep. Miller, Mary E. [R-IL-15], Sam Graves

Subjects

Taxation

Source updated

5 December 2025

Taxation

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 9 May 2023

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 9 May 2023

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 9 May 2023

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

View fileDownload file

Sponsors

Showing 48 of 70 sponsors and actors.

Related records

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.