Search Results: keywords:"controlled environment agriculture"

  • H. R. 1705 — To amend the Internal Revenue Code of 1986 to establish a credit for investments in innovative agricultural technology.
    Status:Introduced in House
    Words:2,143

    H.R. 1705, known as the "Supporting Innovation in Agriculture Act of 2025," proposes to amend the Internal Revenue Code to offer a tax credit for investments in innovative agricultural technology. This credit amounts to 30% of the qualified investments made each year into projects that focus...

    Simple Explanation

    H.R. 1705 is a plan to give farmers a special reward, which is a 30% discount on what they spend, for using cool new farming tools that help grow plants in a smarter way. These tools need to start working by 2035 to get the reward, and it's meant to help farms make more food in a way that's good for the planet.

  • H. R. 9263 — To amend the Internal Revenue Code of 1986 to establish a credit for investments in innovative agricultural technology.
    Status:Introduced in House
    Words:2,090

    H.R. 9263, titled the “Supporting Innovation in Agriculture Act of 2024,” aims to amend the Internal Revenue Code of 1986 to introduce a tax credit for investments in innovative agricultural technology. This tax credit is 30% of the qualified investment for projects using advanced...

    Simple Explanation

    H.R. 9263 wants to give people money back if they invest in cool new farming tools that help grow plants better. It's like saying, "Good job, here's a reward!" for using smart farming technology.