A bill to amend the Internal Revenue Code of 1986 to exclude from gross income interest received on loans secured by agricultural real property.
Rural Economic Investment Act of 2003 - Amends the Internal Revenue Code to exclude from gross income interest received on loans secured by agricultural real estate (real property used for agricultural production, or certain single family rural residences).
Introduced in Senate
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7881-7882)
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