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.