HR. 1707In Committee
Grown in America Act of 2025
Establishes a new business tax credit for domestically produced agricultural commodities, with rising domestic sourcing thresholds and limits on how much credit can be claimed or carried forward
Plain-English overview
What this bill does
Establishes a new business tax credit for domestically produced agricultural commodities, with rising domestic sourcing thresholds and limits on how much credit can be claimed or carried forward
Key points
- Establish domestically produced agriculture tax credit
- Require increasing domestic sourcing thresholds
- Limit credit claims and carryforwards
Current status
Where it stands
Status
In Committee
Latest action
2025-02-27 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedTaxation