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Supporting Innovation in Agriculture Act of 2024

USA118th CongressHR-9263| House 
| Updated: 8/2/2024
Mike Kelly

Mike Kelly

Republican Representative

Pennsylvania

Cosponsors (9)
Doug LaMalfa (Republican)Dwight Evans (Democratic)Mike Carey (Republican)Brad R. Wenstrup (Republican)Jimmy Panetta (Democratic)David G. Valadao (Republican)Max L. Miller (Republican)Mike Thompson (Democratic)Elissa Slotkin (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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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Timeline
Aug 2, 2024
Introduced in House
Aug 2, 2024
Referred to the House Committee on Ways and Means.
  • August 2, 2024
    Introduced in House


  • August 2, 2024
    Referred to the House Committee on Ways and Means.

Taxation

Supporting Innovation in Agriculture Act of 2024

USA118th CongressHR-9263| House 
| Updated: 8/2/2024
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Aug 2, 2024
Introduced in House
Aug 2, 2024
Referred to the House Committee on Ways and Means.
  • August 2, 2024
    Introduced in House


  • August 2, 2024
    Referred to the House Committee on Ways and Means.
Mike Kelly

Mike Kelly

Republican Representative

Pennsylvania

Cosponsors (9)
Doug LaMalfa (Republican)Dwight Evans (Democratic)Mike Carey (Republican)Brad R. Wenstrup (Republican)Jimmy Panetta (Democratic)David G. Valadao (Republican)Max L. Miller (Republican)Mike Thompson (Democratic)Elissa Slotkin (Democratic)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted