Skip to content
Govbase

Policy-Driven News

Govbase
Congress·In Committee

Congress Proposes Tax Credits Up to $100 Million for Companies Buying American-Grown Food

Grown in America Act of 2025

about 1 year ago·View on Congress.gov

Legislative Progress

Filed
Review
House
Senate
President

Key Points

  • This bill creates a new tax credit for businesses that buy ingredients grown or raised in the United States. To qualify, companies must use these American products to make food for people to eat.
  • The credit is worth up to 25% of what a company spends on its ingredients, with a maximum limit of $100 million per year for any single business. This is intended to encourage large food makers to buy from domestic suppliers rather than foreign ones.
  • To keep getting the tax break, companies must increase the amount of American products they buy over time. The requirement starts at 50% of their total ingredients in 2026 and rises to 85% by 2034.
  • The Secretary of Agriculture will create a special list of items that cannot be grown in the U.S. Companies will not be penalized for buying those specific items from other countries if they are not available here.
  • If passed, these rules would begin in 2026. The goal is to support American farmers and fishers by making it more affordable for food companies to buy from them.
AgricultureTaxes

Impact Analysis

Scores: 1 = low, 5 = highSentiment: -5 to +5 (net benefit)

Milestones

2 milestones2 actions
Feb 27, 2025House

Referred to the House Committee on Ways and Means.

Feb 27, 2025

Introduced in House

Related News

3 articles

Source Information

Document Type

Congressional Bill

Official Title

Grown in America Act of 2025

Bill NumberHR 1707
Congress119th Congress
ChamberHouse of Representatives
Latest ActionReferred to the House Committee on Ways and Means.

Sponsor

Cosponsors

(25)
D: 5R: 20

Analysis generated by AI. While we strive for accuracy, this should not be considered legal or professional advice. Always verify information with official government sources.