Establishes a tax credit for food service establishment donations to food pantries

Summary

The bill lets qualifying food service businesses claim a credit equal to half the market value of each donated meal, up to $7 per donation and $10,000 per year, starting in 2027. It requires a receipt from the receiving nonprofit and limits the credit so it cannot drop the taxpayer’s liability below the statutory minimum. The credit may also be adopted by large cities for their own personal income taxes.

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