ABA Urges Bankers to Contact Lawmakers in Support of Farm Credit Fairness Bill

With net farm income declining since 2013, and with many consumers in rural America struggling to find access to credit, ABA is asking bankers to contact their lawmakers in support of the Enhancing Credit Opportunities in Rural America Act (H.R. 1872 and S. 1641).

The bills would end taxation of interest earned from agricultural real estate loans, promoting greater access to credit for rural communities and reducing costs to borrowers. In addition, they would help bring greater parity between banks and the tax-advantaged Farm Credit System, making it easier for banks to support the farm sector through real estate loans. Bankers can visit Secure American Opportunity—ABA’s new grassroots engagement site—to contact their lawmakers. Take action now

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