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H.R. 399

BillFederalHouseIn Committee
Rural Economic Investment Act of 2005
About This Bill
Committee
Latest Action · January 26, 2005
Referred to the House Committee on Ways and Means.
Congress
109th (2005–2007)
Introduced
January 26, 2005
Cosponsors (3)
0D 3R
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Summary

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Rural Economic Investment Act of 2005 - Amends the Internal Revenue Code to exclude from gross income interest received by a bank or savings association that is insured under the Federal Deposit Insurance Act on a loan secured by agricultural real estate or by a leasehold mortgage on agricultural real estate (real property used for agricultural production or certain single family rural residences).

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