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A bill to amend the Internal Revenue Code of 1986 to exclude micro-grants for food security from gross income.
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vs 5,649 other S bills in the 118th — cohort avg 33d
This bill excludes from gross income, for income tax purposes, any micro-grant for food security received by an eligible entity under the Agricultural Improvement Act of 2018 (i.e., an individual, Indian tribe, nonprofit organization engaged in increasing food security, or a federally-funded educational facility).
Read twice and referred to the Committee on Finance.
Introduced in Senate
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Sources: Congress.gov