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- S.2378
S.2378: Access Business Credit Act of 2018
About This Bill
- Introduced Feb. 6, 2018
- Latest Major Action Feb. 6, 2018
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - Feb. 6, 2018
Bill Summary
Access Business Credit Act of 2018 This bill amends the Internal Revenue Code to exclude from the gross income of certain banks interest received on small business loans of up to $5 million. The bill applies to loans that are: (1) secured by land situated in the United States that is used or held by the small business in connection with the active conduct of a farming business, or (2) incurred in the ordinary course of the trade or business...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Feb. 6, 2018 |
Read twice and referred to the Committee on Finance.
|
Feb. 6, 2018 |
Introduced in the Senate by Mike Rounds (R-S.D.) |