Creates pilot program to provide corporation business tax and gross income tax credits for value of certain fruit and vegetable donations made by commercial farm operators.

Summary

The bill lets commercial farm operators claim a credit equal to 50% of the wholesale value of donated fruits or vegetables, up to $5,000 per privilege period, against both corporate business tax and gross income tax. Farms must obtain a written statement from the receiving charity and submit it to the Department of Agriculture for verification. The program runs for the first three tax periods after enactment and is limited to $100,000 in total credits each fiscal year.

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