S. 2352 · 118th Congress

A bill to amend the Internal Revenue Code of 1986 to exclude micro-grants for food security from gross income.

Stage
In committee
Introduced
2023-07-18
Latest action
2023-07-18 · Introduced in Senate

Summary

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).