Buying American Cotton Act of 2025

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 1919 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 1919 To amend the Internal Revenue Code of 1986 to establish a domestic cotton consumption credit. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES May 22, 2025 Mrs. Hyde-Smith (for herself, Mrs. Britt, Mr. Marshall, and Mr. Boozman) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to establish a domestic cotton consumption credit. 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 ``Buying American Cotton Act of 2025''. SEC. 2. DOMESTIC COTTON CONSUMPTION CREDIT. (a) Purpose.--The purposes of this section are-- (1) to encourage the consumption of cotton which originated in the United States, and products which are made from such cotton, and (2) to document the processing of such cotton throug…