H.R.1977: ECORA Act of 2021

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Enhancing Credit Opportunities in Rural America Act of 2021 or the ECORA Act of 2021 This bill modifies the requirements for calculating taxable income to exclude from gross income interest received by a lender from real estate loans secured by agricultural real estate or by a leasehold mortgage (with a status as a lien) on agricultural real estate. Agricultural real estate includes real property that is substantially used for the production...

(Source: Library of Congress)

Bill Actions

Date Description
March 17, 2021
Referred to the House Committee on Ways and Means.
March 17, 2021

Introduced in the House by Ron Kind (D-Wis.)

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