The bill would create tax credits and grants for qualifying food providers in food deserts. Grocery stores could receive a tax credit of up to 15 percent of qualifying costs to build a store, or 10 percent of eligible renovation costs. Nonprofit food banks could receive grants for up to 15 percent of construction costs. Mobile markets, farmers markets, and temporary food banks could receive grants for up to 10 percent of annual operating costs, for no more than 10 years. The bill would also require annual updates to the Food Access Research Atlas to account for new food retailers.
If you live in a qualifying food desert, the bill could support grocery stores, food banks, or mobile and farmers markets serving the area. The bill does not guarantee that a provider will open or receive support. Providers would have to meet certification and other requirements.
The bill authorizes appropriations of such sums as may be necessary to carry out the program. It does not state a total funding amount. Tax credits and grants would be limited by allocations made under the program.
No publicly available information.
No publicly available information.