Home Tag Archives: ECORA

Tag Archives: ECORA

ICBA Supports Senate Bill Offering Tax Relief for Rural Lending

The Independent Community Bankers of America (ICBA) today expressed its strong support for the Senate introduction of the Enhancing Credit Opportunities in Rural America (ECORA) Act to support farmers, ranchers and rural homeowners. The ECORA Act (S. 2202/H.R. 1977) would exempt from taxation interest income on farm real estate and rural mortgage loans, allowing community banks to lower loan rates …

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