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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.
10/16/2024, 8:05 AM
Summary of Bill HR 9993
The bill "To amend the Internal Revenue Code of 1986" (H.R. 9993) was introduced in the 118th Congress on October 15, 2024. Its purpose is to provide tax incentives for the establishment and operation of small food retail businesses in areas characterized by high food retail concentration and low levels of competition.
Current Status of Bill HR 9993
Bill HR 9993 is currently in the status of Bill Introduced since October 15, 2024. Bill HR 9993 was introduced during Congress 118 and was introduced to the House on October 15, 2024. Bill HR 9993's most recent activity was Referred to the House Committee on Ways and Means. as of October 15, 2024
Bipartisan Support of Bill HR 9993
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 9993
Primary Policy Focus
Alternate Title(s) of Bill HR 9993
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.
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.
Comments
Autumn Leach
417
1 year ago
I don't think this bill is a good idea. It could hurt existing businesses and create unfair competition. How will this bill impact small food retail businesses in the short term?
Kaison Levin
424
1 year ago
Seems like this bill is all about giving handouts to small food shops in certain areas. Not sure how that's gonna help me out in UT, but hey, someone's gotta benefit from it, right?
Sponsors and Cosponsors of HR 9993
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