REDUCE Food Prices Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 9993 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 9993 To amend the Internal Revenue Code of 1986 to provide tax incentives for the establishment and operation of small food retail businesses in areas with high food retail concentration and low levels of competition. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES October 15, 2024 Ms. Sherrill (for herself and Mrs. Hayes) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to provide tax incentives for the establishment and operation of small food retail businesses in areas with high food retail concentration and low levels of competition. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Restoring Establishment Deductions and Uplifting Competition to Ease Food Prices Act'' or the ``REDUCE Food Pric…