Interim Guidance Regarding Interest on Loans Secured by Rural or Agricultural Real Property under Section 139L of the Internal Revenue Code (Notice 2025-71)

Activity

National Cattlemen's Beef Association filed 1 comment on this docket between Jan 21, 2026 and Jan 21, 2026. 1 other organizations filed here. The comment window closed 189d ago.

What National Cattlemen's Beef Association filed (1)

Abstract

This notice announces that the Department of the Treasury (Treasury Department) and the Internal Revenue Service (IRS) intend to publish a notice of proposed rulemaking (forthcoming proposed regulations) addressing the exclusion of interest on loans secured by rural or agricultural real property under § 139L of the Internal Revenue Code (Code).1 Section 139L was added to the Code by Public Law 119-21, 139 Stat. 72 (July 4, 2025), commonly known as the One, Big, Beautiful Bill Act (OBBBA).

• National Cattlemen's Beef AssociationTHIS ORG

  1 filing · confidence 97%
• American Bankers Associationtrade assoc.

  1 filing · confidence 97%