8legs: Access to credit for our rural economy (acre) act

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Lower Interest Rates For Ag Real Estate?

The ACRE Act provides banks with a 25 percent tax benefit on income from farm real estate loans.
ABA officials say the tax break could help banks pass savings to producers.
States like Kansas, Nebraska, and Wisconsin are early adopters of ACRE.
Producers are advised to talk with their ag lenders about ACRE benefits.
ACRE aims to help the next generation acquire farmland by reducing input costs.
ACRE is described as part of the One Big Beautiful Bill that includes tax benefits for banks.
The act targets keeping farmland in agricultural use.
ABA plans ongoing advocacy for broader ACRE benefits.
The program may influence lender competitiveness in rural lending.
The report cites Mid-West Farm Report as a source of expert commentary on ACRE.

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