Grocery Affordability Act
To amend the Internal Revenue Code of 1986 to establish a tax credit for grocery stores located in food deserts.
The Grocery Affordability Act, introduced as HB9378, aims to amend the Internal Revenue Code to create a tax credit for grocery stores that operate in areas known as food deserts. These are regions where residents have limited access to affordable and nutritious food. The bill seeks to incentivize grocery stores to set up in these underserved areas by offering them financial relief through tax credits.
This bill would primarily affect grocery stores located in food deserts and the communities they serve. By reducing the tax burden on these stores, the bill hopes to make it easier for them to lower grocery prices, thereby increasing food affordability for local residents. This could result in more grocery options and better access to healthy foods in these communities.
HB9378 was introduced on June 18, 2026, and has been referred to the House Committee on Ways and Means for further consideration. The bill is currently in its early stages, with initial steps of introduction and referral completed. No further actions have been recorded as of the latest update.
