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United States · Bill · HR

H.R. 9263 (118th)

Supporting Innovation in Agriculture Act of 2024

referredUnited States· United States Congress· EN

Introduced

2 August 2024

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

6 December 2024

Summary

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. 

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Documents

3 official files

Introduced in House (text)

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