Modernizing Agricultural and Manufacturing Bonds Act
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, Modernizing Agricultural and Manufacturing Bonds Act, changes federal law or congressional policy affecting farmers, ranchers, and agricultural businesses. The main policy domain is Agriculture, Trade, Immigration.
Who Benefits and How
farmers, ranchers, and agricultural businesses may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, farmers, ranchers, and agricultural businesses may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section HBFBFC8C37A4B45DBAF509B5B9878F687: 1. Short title This Act may be cited as the Modernizing Agricultural and Manufacturing Bonds Act.
- Section H23D0CDE28B8E455C9D51B397C4EDA7C1: 2. Modifications to qualified small issue bonds Subparagraph (C) of section 144(a)(12) of the Internal Revenue Code of 1986 is amended to read as follows: For...
- Section H52F9D59C87C845B787199A5A056B06BD: 3. Expansion of certain exceptions to the private activity bond rules for first-time farmers Section 147(c)(2)(A) of the Internal Revenue Code of 1986 is...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, Modernizing Agricultural and Manufacturing Bonds Act, changes federal law or congressional policy affecting farmers, ranchers, and agricultural businesses.
Key Policy Areas
Agriculture, Trade, Immigration
Primary Purpose
This bill, Modernizing Agricultural and Manufacturing Bonds Act, changes federal law or congressional policy affecting farmers, ranchers, and agricultural businesses.
Policy Domains
Whole bill
Identified Gains
- farmers, ranchers, and agricultural businesses
Identified Costs
- federal implementing agencies
- farmers, ranchers, and agricultural businesses
Sponsors
Legislative Progress
In CommitteeCommittee on Small Business and Entrepreneurship. Hearings held.
Ms. Ernst (for herself, Mr. Warner, and Mrs. Hyde-Smith) introduced …
Read twice and referred to the Committee on Finance.
Introduced in Senate
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology