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- H.R.4687
H.R.4687: Supermarket Tax Credit for Underserved Areas Act
About This Bill
- Introduced July 26, 2021
- Latest Major Action July 26, 2021
- See the six similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
14 (13 Democrats, 1 Republican)
Bill Version
- Introduced in House - July 26, 2021
Bill Summary
Supermarket Tax Credit for Underserved Areas Act This bill expands the tax credits that are available for the establishment of supermarkets in underserved areas. The bill includes provisions that (1) increase the rate of the rehabilitation tax credit for a supermarket building placed in service after December 31, 2021, and before January 1, 2025, in an underserved area; (2) increase by $1,000 the limit on wages eligible for the work...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| July 26, 2021 |
Referred to the House Committee on Ways and Means.
|
| July 26, 2021 |
Introduced in the House by Steve Cohen (D-Tenn.) |