engaged (directly or indirectly) in the active conduct of a banking, financing, or similar business. (d) Small business The term small business means a small business concern as defined under section 3 of the Small Business Act ( 15 U.S.C. 632 ). (e) Farming business The term farming business has the meaning given such term by section 263A(e)(4). (f) Termination This section shall not apply to interest received after December 31, 2027. . (b) Clerical amendment The table of sections for part III of subchapter B of chapter 1 of such Code is amended by inserting after the item relating to section 139I the following new item: Sec. 139J. Interest on certain small business loans. . (c) Report to Congress Not later than December 31, 2025, the Commissioner of Internal Revenue, after consultation with the Federal reserve banks, shall submit to Congress a written report providing the recommendation of the Commissioner regarding whether the exclusion provided under section 139J of the Internal Revenue Code of 1986 (as added by this section) should be extended or should be allowed to terminate and the reasons for such recommendation. (d) Effective date The amendments made by this section shall apply to interest received after December 31, 2022, in taxable years ending after such date.