Creates a new tax rule that lets a qualified lender exclude from taxable income the interest it earns on certain loans secured by rural or agricultural real estate. The goal is to make financing for farms, ranches, aquaculture, fishing-related property, and some rural homes more attractive to offer.

It defines who counts as a qualified lender and which loans qualify (including caps and conditions for single‑family rural residences and rules for refinancing). It bars borrowers tied to specified foreign adversaries from benefiting. A report to Congress is required within five years to assess the impact. The change applies to taxable years ending after enactment.