US HB701 | 2025-2026 | 119th Congress
Status
Sponsorship: Partisan Bill (Democrat 3)
Status: Introduced on January 23 2025 - 25% progression
Action: 2025-01-23 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 23 2025 - 25% progression
Action: 2025-01-23 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
To amend the Internal Revenue Code of 1986 to provide tax incentives for the establishment and operation of small food retail businesses in areas with high food retail concentration and low levels of competition.
Title
REDUCE Food Prices Act Restoring Establishment Deductions and Uplifting Competition to Ease Food Prices Act
Sponsors
| Rep. Rebecca Sherrill [D-NJ] | Rep. Jahana Hayes [D-CT] | Rep. Shri Thanedar [D-MI] |
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-23 | House | Referred to the House Committee on Ways and Means. |
| 2025-01-23 | House | Introduced in House |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/119th-congress/house-bill/701/all-info |
| Text | https://www.congress.gov/119/bills/hr701/BILLS-119hr701ih.pdf |
