118th Congress · SENATE BILLBILL

S. 2352 — A bill to amend the Internal Revenue Code of 1986 to exclude micro-grants for food security from gross income.

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

Taxation

Introduced Jul 18, 2023

Last action Jul 18, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jul 18, 2023

Step 2

Referred

Jul 18, 2023

Finance

Step 3

Committee

Step 4

Senate

Step 5

House floor

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS 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).

Provisions · 1 sectionsIntroduced in Senate

Timeline · 2 actions

Jul 18, 2023

Introduced in Senate

Jul 18, 2023

Read twice and referred to the Committee on Finance.