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Grocery Affordability Act

Bill Number
H.R. 9378
Origin Chamber
House
Congress
119th Congress, Session 2
Policy Area
Taxation
Status
Introduced
Latest Action
2026-06-18: Referred to the House Committee on Ways and Means.
Last Updated
2026-07-07T16:57:57Z

AI-Generated Summary

Summary of H.R. 9378 – Grocery Affordability Act

Purpose

This legislation amends the Internal Revenue Code of 1986 to create a new tax credit aimed at encouraging the construction and renovation of grocery stores in areas with limited access to fresh food, known as food deserts.

Key Provisions

Significant Changes to Existing Law

This bill introduces a new section 45BB into the Internal Revenue Code, creating an incentive not previously available for grocery-related investments. It modifies section 38 to include the new credit within the general business credit framework and updates the table of sections accordingly. No existing credits or deductions are repealed or altered.

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

The bill operates within Congress's established authority to enact tax incentives under the Internal Revenue Code. It raises no apparent constitutional issues related to spending or regulation. The credit structure follows standard tax credit mechanics, with basis adjustments to prevent double benefits.

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Rep. Vindman, Eugene Simon [D-VA-7]

Cosponsors (1)

Rep. Mackenzie, Ryan [R-PA-7]

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