Search Results: keywords:"agricultural real estate"

  • S. 1012 — To increase oversight of foreign direct investment in agricultural land in the United States, and for other purposes.
    Status:Introduced in Senate
    Words:1,248

    S. 1012 seeks to increase oversight of foreign investments in agricultural land in the United States. The bill requires the Committee on Foreign Investment to review certain transactions involving agricultural land by foreign nationals from countries deemed nonmarket...

    Simple Explanation

    S. 1012 is a rule that tries to keep an eye on who buys farms in the U.S., especially if they're from countries that might be a problem. It makes them tell more about what they own and stops some from getting help from the government to buy land.

  • S. 838 — To amend the Internal Revenue Code of 1986 to exclude from gross income interest received on certain loans secured by rural or agricultural real property.
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    Status:Introduced in Senate
    Words:1,492

    The bill, titled the Access to Credit for our Rural Economy Act of 2025 (ACRE Act of 2025), proposes an amendment to the Internal Revenue Code of 1986 to exclude from taxable income the interest earned by certain lenders on loans secured by rural or agricultural real estate....

    Simple Explanation

    The Access to Credit for our Rural Economy Act of 2025 wants to make it so that banks and other lenders don't have to pay taxes on the interest they earn from loans on farms or rural land. This way, they might give better loans to farmers and people in the countryside, but there are some concerns that it might mostly help bigger banks.