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
- Sponsor
- Lisa Murkowski
- 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).