Search Results: keywords:"technological progress"

  • 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.