Local Food Production Enhancement Act of 2021 This bill increases the credit percentage of the new markets tax credit and allows such credit for farming businesses conducted in certain low-income or rural areas that are a certain distance from a large grocery store.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Local Food Production Enhancement Act of 2021
USA117th CongressHR-5176| House
| Updated: 9/3/2021
Local Food Production Enhancement Act of 2021 This bill increases the credit percentage of the new markets tax credit and allows such credit for farming businesses conducted in certain low-income or rural areas that are a certain distance from a large grocery store.