relative to certain tax credits for purchase from New Hampshire farms.

Summary

The Eat Local Act sets up a voluntary registry of New Hampshire farms and gives grocery stores a credit against the Business Profits Tax when they purchase at least 10% of their products from those farms and sell them at a 10% discount. The credit equals 10% of the amount spent on qualifying farm purchases and can be carried forward for up to five years. It aims to encourage stores to source more food locally.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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