Bipartisan Bill Proposes Tax Credit for Prepared Food Donations
What happened
Darin LaHood proposed the Meals for Communities Tax Credit Act, H.R. 10499, on September 17, 2026. Suzan DelBene cosponsored the act, which is currently under consideration by the U.S. House Ways and Means Committee. The bill aims to provide a common-sense incentive for businesses to donate surplus prepared food to tax-exempt organizations serving communities across America.
From riponadvance.com
Why it matters
Under current law, businesses can receive tax deductions for bulk food donations, but no deduction or credit exists for prepared meals, even when accounting for preparation costs. If enacted, the act would establish a nonrefundable tax credit equal to 50 percent of the fair market value of qualified prepared meal donations, up to a maximum of $7 per meal.
From riponadvance.com
Who's involved
- Darin LaHoodProposed the Meals for Communities Tax Credit Act.
- Suzan DelBeneCosponsored the Meals for Communities Tax Credit Act.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- IllinoisSpeculative
Businesses operating in Illinois might see increased incentives for charitable donations if the tax credit is enacted.
Keep exploring
The entities involved
-
Suzan DelBene
American politician
-
Illinois
state of the United States of America