3.0.0 9914 2025-12-06T01:24:55Z 2025-12-06T01:24:55Z House H HR 2024-10-04 118 https://www.congress.gov/bill/118th-congress/house-bill/9914 <pre>[Congressional Record Volume 170, Number 153 (Friday, October 4, 2024)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Mr. COHEN:H.R. 9914.Congress has the power to enact this legislation pursuantto the following:Article 1 Section 8The single subject of this legislation is:Taxation[Page H5853]</pre> hswm00 Ways and Means Committee House Standing Referred To 2024-10-04T19:30:50Z 118 5120 S 2024-09-19 Read twice and referred to the Committee on Finance. Related bill CRS 2024-10-04 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2024-10-04 Introduced in House IntroReferral Intro-H 9 Library of Congress 2024-10-04 Introduced in House IntroReferral 1000 9 Library of Congress C001068 Rep. Cohen, Steve [D-TN-9] Steve Cohen D TN 9 N Taxation Taxation 2024-11-05T16:02:00Z

00 2024-10-04 Introduced in House 2024-12-04T19:11:27Z <p><strong>Fresh Food Act</strong></p><p>This bill provides a new business tax credit for 2025-2030 to grocery stores in&nbsp;underserved areas for a percentage of the cost of fresh fruit, vegetables, meat, and dairy sold. The bill also increases the work opportunity tax credit (WOTC) for 2025-2030 for grocery stores in underserved areas that hire eligible employees.&nbsp;</p><p>Under the bill, a grocery store in an&nbsp;underserved area may claim a tax credit of between 26% and 30% of the cost of fresh fruits, vegetables, meat, and dairy sold, depending on when the grocery store is placed in service and when the grocery store’s location is deemed to be in an underserved area. The percentage is increased by 5% for any fresh fruits, vegetables, meat, or dairy sourced from a location that is&nbsp;within the same state in which the store is located&nbsp;or&nbsp;within 100 miles of the store.</p><p>Under the bill, the grocery store must be in an&nbsp;underserved or rural area; have no more than 80,000 square feet of retail space; allocate at least 25% of the retail space for the sale of fresh fruit, vegetables, meat, and dairy; and have at least 25% of sales attributable to fresh fruit, vegetables, meat, and dairy.</p><p>Finally, the bill increases the&nbsp;WOTC for grocery stores in underserved areas by increasing the amount of qualifying wages paid to an eligible employee that may be used in the calculation of the tax credit. Under current law, the WOTC is calculated as a percentage of qualified wages paid to an eligible employee.&nbsp;</p>

Display Title 45 2024-10-23T09:53:16Z Short Title(s) as Introduced 101 2024-10-23T09:53:16Z Introduced in House IH Official Title as Introduced 6 2024-10-23T09:48:19Z Introduced in House IH Introduced in House 2024-10-04T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr9914ih/xml/BILLS-118hr9914ih.xml 2024-10-04 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.