A bill to amend the Internal Revenue Code of 1986 to exclude micro-grants for food security from gross income.

This bill proposes to change federal tax rules so that eligible organizations do not have to pay income tax on micro-grants they receive for food security. It directly affects the specific entities defined by the Agriculture Improvement Act of 2018 that distribute these funds. The key provision adds a new section to the Internal Revenue Code to explicitly exclude these financial assistance amounts from the organizations' gross income. This change would allow the organizations to retain the full value of the grants without using part of the funding to cover potential tax liabilities. The rule would apply to any grants received after the bill is enacted into law.