H.R. 9993, also known as the "REDUCE Food Prices Act," aims to amend the Internal Revenue Code to offer tax incentives for small food retail businesses. It provides increased tax credits and deductions for these businesses if they operate in areas with high food retail concentration but low...
Simple Explanation
H.R. 9993, the "REDUCE Food Prices Act," is like giving small grocery store owners special money bonuses to help them start and grow their stores in places where there aren't many other stores, helping more people find places to shop for food nearby.