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S. 2352

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

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.

Sen. Murkowski, Lisa [R-AK](R-AK)Sponsor
1committees2actions
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

A bill to amend the Internal Revenue Code of 1986 to exclude micro-grants for food securit… — Informed