119 S4780 IS: To amend the Internal Revenue Code of 1986 to exclude micro-grants for food security from gross income. U.S. Senate 2026-06-15 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

II119th CONGRESS2d SessionS. 4780IN THE SENATE OF THE UNITED STATESJune 15, 2026Ms. Murkowski introduced the following bill; which was read twice and referred to the Committee on FinanceA BILLTo amend the Internal Revenue Code of 1986 to exclude micro-grants for food security from gross income.

1.

Micro-grants for food security excluded from gross income

(a)

In general

Part III of subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after section 139L the following new subsection:

139M.

Micro-grants for food security

(a)

In general

In the case of an eligible entity (as defined in subsection (b)(1) of section 4206 of the Agriculture Improvement Act of 2018 (7 U.S.C. 7518)), gross income shall not include any subgrant or other financial assistance received by such eligible entity under such section of such Act.

.(b)

Clerical amendment

The table of sections for part III of subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after the item related to section 139L the following new item:Sec. 139M. Micro-grants for food security..(c)

Effective date

The amendments made by this section shall apply to amounts received in taxable years beginning after the date of enactment of this Act.