S. 838: ACRE Act of 2025

S. 838 is a federal bill in the 119th Congress. Before this bill, lenders had to pay federal income taxes on the interest they earned from all real estate and agricultural loans. After this bill takes effect, banks, insurance companies, and other qualified lenders do not have to pay federal income tax… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.