S 838
ACRE Act of 2025
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
The Access to Credit for our Rural Economy Act (ACRE Act) aims to encourage lending to rural and agricultural properties by excluding interest earned on qualified real estate loans from a taxpayer’s taxable income. Specifically, the bill defines ‘qualified lenders’ and ‘qualified real estate loans,’ focusing on loans secured by rural or agricultural land and certain single-family residences. It also includes a reporting requirement for the Treasury Secretary to assess the impact of the changes on interest rates.
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Primary sponsor
Cosponsors
Angus S., Jr. King
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