HR 9263 · 118th Congress · Taxation

Supporting Innovation in Agriculture Act of 2024

Introduced 2024-08-02· Sponsored by Rep. Kelly, Mike [R-PA-16]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2024-08-02)

Plain Language Summary

[AI summary unavailable — showing source text] 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. …

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (9)

4 Democrats5 Republicans
Rep. Thompson, Mike [D-CA-4]CA
Rep. Wenstrup, Brad R. [R-OH-2]OH
Rep. Evans, Dwight [D-PA-3]PA
Rep. Valadao, David G. [R-CA-22]CA
Rep. Panetta, Jimmy [D-CA-19]CA
Rep. Miller, Max L. [R-OH-7]OH
Rep. Slotkin, Elissa [D-MI-7]MI
Rep. LaMalfa, Doug [R-CA-1]CA
Rep. Carey, Mike [R-OH-15]OH