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Bill

Bill

A 3473

Creates a vending to food pantries and soup kitchens tax credit

2025 Regular Session Introduced by Alicia Hyndman

Bill A 3473 offers tax credits to food vendors donating surplus food to pantries and soup kitchens, boosting food access for those in need and reducing waste.

REFERRED TO WAYS AND MEANS
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Bill Summary · A 3473

Summary of Bill A 3473

Overview

Bill Number: A 3473
Title: Creates a vending to food pantries and soup kitchens tax credit
Status: Referred to Ways and Means
Introduced: January 27, 2025
Classification: Bill

Purpose and Intent

Bill A 3473 aims to establish a tax credit for businesses that donate food to food pantries and soup kitchens. The intent of this legislation is to encourage food vendors to contribute surplus food, thereby reducing food waste and supporting community food assistance programs.

Key Provisions

  • Tax Credit Creation: The bill proposes a tax credit for food vendors who donate food items to designated food pantries and soup kitchens.
  • Eligibility Criteria:
    • Food vendors must be registered businesses that comply with health and safety regulations.
    • Donations must be made to organizations that are recognized as tax-exempt under the relevant tax code.
  • Credit Amount: The specific percentage or dollar amount of the tax credit will be defined in subsequent legislative discussions, but it is intended to provide a significant incentive for participation.
  • Reporting Requirements: Vendors may be required to maintain records of donations and provide documentation to claim the tax credit.

Impact

  • Beneficiaries:

    • Food Vendors: Businesses that participate in the program will receive financial incentives through tax credits.
    • Food Pantries and Soup Kitchens: These organizations will benefit from increased food supplies, helping them to serve more individuals in need.
    • Community Members: Individuals facing food insecurity will have improved access to nutritious food options.
  • Environmental Impact: By encouraging food donations, the bill aims to reduce food waste, contributing to environmental sustainability efforts.

Procedural Aspects

  • Current Status: The bill was introduced on January 27, 2025, and has been referred to the Ways and Means Committee for further consideration.
  • Related Legislation: This bill is part of a series of related bills from prior sessions, including A 9599, A 2450, A 4483, A 2672, and A 2607, which may provide context or precedent for this legislation.

Conclusion

Bill A 3473 represents a proactive approach to addressing food insecurity and waste by incentivizing food vendors to contribute to community food assistance efforts. As it moves through the legislative process, further details regarding the tax credit specifics and implementation will be developed.

Compiled from official sources — confirm details with the bill’s official record.

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