Bill · H.R. 1822· House(119-HR-1822)

ACRE Act of 2025

Age: 57 years

Iowa

Introduced: 3/4/2025
Last activity: 3/4/2025 — Referred to the House Committee on Ways and Means.
Sponsored by: Randy Feenstra
Cosponsors: - 40 - 23

Taxation

Introduced
In Committee

What this bill would do

The ACRE Act of 2025 aims to amend the Internal Revenue Code of 1986. It proposes to exclude interest received from certain loans from gross income. This applies to interest received by a qualified lender on a qualified real estate loan. These loans must be secured by rural or agricultural real property, forestland, or specific single family residences. The bill defines qualified lenders and provides specific criteria for what constitutes a qualified real estate loan.

Yes· 3 of 8

Would farmers be better off under this?+6
Farmers and those in aquaculture will likely benefit from the tax exclusion on loans secured by their property.
Would people in rural areas be better off under this?+5
The bill specifically targets and provides benefits for rural real estate and residents.
Does this invest in rural communities?+5
The bill provides significant tax advantages aimed specifically at stimulating rural and agricultural economies.