# 119-hr-9100: Modernizing Agricultural and Manufacturing Bonds Act

119-hr-9100, Modernizing Agricultural and Manufacturing Bonds Act, is a 119th Congress bill sponsored by Rep. LaHood, Darin [R-IL-16] (R-IL); status introduced; PRIA reads it as touching household money (as of 2026-06-14).

- Canonical: https://policyrisk.com/legislation/119-hr-9100
- As of: 2026-06-14
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-9100
- Congress: 119
- Title: Modernizing Agricultural and Manufacturing Bonds Act
- Status: introduced
- Introduced: 2026-06-02
- Sponsor: Rep. LaHood, Darin [R-IL-16] (R-IL)
- Cosponsors: 4
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-06-14

## Summary

**This bill would modernize and expand tax-exempt bond rules to let more manufacturers and first-time farmers use low-cost financing.** It would broaden which manufacturing activities qualify and raise the dollar limits for qualified small issue bonds while adding an inflation-adjustment mechanism.

## Cosponsors (4)

- Rep. Evans, Dwight [D-PA-3] (D-PA), 2026-06-02T00:00:00.000Z
- Rep. Feenstra, Randy [R-IA-4] (R-IA), 2026-06-02T00:00:00.000Z
- Rep. Sewell, Terri A. [D-AL-7] (D-AL), 2026-06-02T00:00:00.000Z
- Rep. Neguse, Joe [D-CO-2] (D-CO), 2026-06-11T00:00:00.000Z

## Provisions PRIA read

- Bigger small-issue bond limits: benefit, high. If enacted, the bill would raise the per-issue qualified small-issue bond limit to $30 million. It would raise the aggregate per-taxpayer cap to $120 million. The bill would set a $30 million additional capital-expenditure exclusion for applicable bonds issued after enactment. After 2025, the $30 m…
- Higher bond limits for first-time farmers: benefit, high. If enacted, the bill would raise dollar limits used in the first-time farmer private-activity bond exceptions. A $250,000 test amount would become $1,000,000 and a separate $450,000 limit would become $1,000,000. The bill would repeal the separate lower dollar limit on used farm equipment. The farm…
- Broader manufacturing bond definition: benefit, medium. If enacted, the bill would expand what counts as a manufacturing facility for qualified small-issue bonds. It would include facilities that produce certain intangible property described in the tax code (section 197(d)(1)(C)(iii)). It would also include functionally related and subordinate facilitie…

## Related bills

- 119-hr-2725: Affordable Housing Credit Improvement Act of 2025
- 119-hr-1262: Mikaela Naylon Give Kids a Chance Act
- 119-hr-2854: Neighborhood Homes Investment Act
- 119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act
- 119-hr-3514: Improving Seniors’ Timely Access to Care Act of 2025
- 119-hr-2102: Major Richard Star Act

## Sources
- [119-hr-9100 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/9100)

## Related
- [119-hr-2725: Affordable Housing Credit Improvement Act of 2025](https://policyrisk.com/legislation/119-hr-2725)
- [119-hr-1262: Mikaela Naylon Give Kids a Chance Act](https://policyrisk.com/legislation/119-hr-1262)
- [119-hr-2854: Neighborhood Homes Investment Act](https://policyrisk.com/legislation/119-hr-2854)
- [119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-hr-842)
- [119-hr-3514: Improving Seniors’ Timely Access to Care Act of 2025](https://policyrisk.com/legislation/119-hr-3514)
- [119-hr-2102: Major Richard Star Act](https://policyrisk.com/legislation/119-hr-2102)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-9100 (as of 2026-06-14).