H.R.4854: FAIR Meat Packing Act

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Feed America by Incentivizing Rural Meat Packing Act or the FAIR Meat Packing Act This bill allows an investment tax credit through 2026 for 25% of the basis of each livestock processing facility property placed in service during the taxable year. The amount of the credit may not exceed $250,000 in any taxable year and is not available to taxpayers whose gross receipts exceed $100 million in a taxable year. The bill defines livestock...

(Source: Library of Congress)

Bill Actions

Date Description
July 29, 2021
Referred to the House Committee on Ways and Means.
July 29, 2021

Introduced in the House by Jason Smith (R-Mo.)

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