Politiparty
Politiparty

118th Congress Taxation

H.R. 9263: Supporting Innovation in Agriculture Act of 2024

Introduced

  1. Introduced (completed)Aug 2, 2024
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Aug 2, 2024

This bill establishes a new tax credit for investment in any innovative agricultural technology project. The amount of the credit is 30% of such investment.

The bill defines innovative agricultural technology project as an agricultural technology or system placed in service before December 31, 2035, and for which the primary purpose is to produce, store, process, and package specialty crops using precision agriculture or controlled environment agriculture.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

9

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1Mike Kelly R-PA SponsorDrew cross-party cosponsors, introduced2 events+6
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Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Mike Kelly

History

  1. Aug 2, 2024Introduced in the House by Mike Kelly.
Show the full action history (2 actions)
  1. Aug 2, 2024Introduced in House
  2. Aug 2, 2024Referred to the House Committee on Ways and Means.