HB701Introduced in the House
REDUCE Food Prices Act Restoring Establishment Deductions and Uplifting Competition to Ease Food Prices Act
Introduced by Rebecca Sherrill, District NJ-11
What does this bill do?
Plain-English breakdown
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Official description
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.
Where it stands
Referred to the House Committee on Ways and Means.
January 23, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
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Bill history
Introduced in House
Referred to the House Committee on Ways and Means.
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