What does MICRO-GRANTS FOR FOOD SECURITY EXCLUDED FROM GROSS INCOME. of A bill to amend the Internal Revenue Code of 1986 to exclude micro-grants for food security from gross income. do?

This section amends the Internal Revenue Code of 1986 to exclude micro-grants for food security from gross income. Eligible entities, as defined in section 4206 of the Agriculture Improvement Act of 2018, are those who benefit from this exclusion. The exclusion applies to subgrants or other financial assistance received under a specific section of the Agriculture Improvement Act of 2018. A new section, 139M, is added to the Internal Revenue Code to reflect this exclusion. The amendments apply to amounts received in taxable years beginning after the date of enactment of this Act.

Back to bills

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

Q: What does Preamble of A bill to amend the Internal Revenue Code of 1986 to exclude micro-grants for food security from gross income. do?

This bill proposes to amend the Internal Revenue Code of 1986. The proposed amendment would exclude micro-grants for food security from gross income.

Last updated: 6/15/2026 · Introduced: 6/15/2026

Author: Lisa Murkowski (R-AK)

TL;DR (AI)

This bill excludes micro-grants for food security from taxable income.
Eligible entities, as defined in the Agriculture Improvement Act of 2018, are able to benefit from this exclusion.
The exclusion applies to financial assistance received under specific provisions of the Agriculture Improvement Act of 2018, effective for tax years beginning after the bill's enactment.

119th Congressin committeeOfficial page

Verified Votes

No verified votes yet.

Community Votes

No community votes yet. Be the first!

Voting as guest · Sign in for verified votes

Other Sections

Includes provisions on preamble, micro-grants for food security excluded from gross income..

2 sections

Click "Show details" to explore individual sections. Use the community vote above or visit All Sections to vote per section.

Read official text

Want the full experience?

Create a free account to cast verified votes on each section, get a personalized summary, and track your voting history.

Create Free Account