In CommitteeFiled Jan 22, 2026
Sponsor: Rep. Murphy, Gregory F. [R-NC-3] (R)
Latest Action
Referred to the House Committee on Ways and Means.
Jan 22, 2026
Summary
The Buying American Cotton Act adds a domestic cotton consumption credit to the tax code, letting manufacturers and retailers claim a credit based on the volume of qualified U.S. cotton in eligible products they sell. The credit rate is 24% if the cotton is processed only in the U.S. or in FTAs‑partner countries, and 18% otherwise. It also requires a digital traceability system to prove the cotton’s American origin.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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