Last progress March 27, 2025 (8 months ago)
Introduced on March 27, 2025 by Mark R. Warner
Read twice and referred to the Committee on Finance.
This bill sets up a new tax credit and grant program to bring more healthy food options to communities in food deserts. It helps open or improve grocery stores, food banks, farmers markets, and mobile markets in these areas.
It offers a tax credit worth up to 15% of qualified costs to build a new grocery store, or 10% of renovation costs. It also provides grants equal to 15% of construction costs for permanent food banks, and 10% of annual operating costs for mobile markets and farmers markets. Grants are paid within 60 days and are not taxed as income.
Who can qualify
Limits and fairness