H.R. 9263 · 118th Congress
Supporting Innovation in Agriculture Act of 2024
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
KellySponsor9 cosponsors · 4 D, 5 R
D
Thompson
DE
D
Evans
MM
R
Miller
JP
D
Panetta
ES
D
Slotkin
DV
R
Valadao
BW
R
Wenstrup
DL
R
LaMalfa
MC
R
Carey1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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.
What it does: CRS summary · Introduced in House · Aug 2, 2024
Supporting Innovation in Agriculture Act of 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 nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Supporting Innovation in Agriculture Act of 2024
Latest action (Aug 2, 2024): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Aug 2, 2024
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.