What does Preamble of Grocery Affordability Act do?

This bill proposes to amend the Internal Revenue Code of 1986. The proposed amendment establishes a tax credit for grocery stores. The tax credit is specifically targeted towards grocery stores located in food deserts.

What does SHORT TITLE. of Grocery Affordability Act do?

This bill is formally titled the Grocery Affordability Act.

What does ESTABLISHMENT OF FOOD DESERT GROCERY STORE CREDIT. of Grocery Affordability Act do?

This section amends the Internal Revenue Code of 1986 to establish a food desert grocery store credit. The credit is equal to 30 percent of the basis of a qualified grocery store placed in service or 30 percent of qualified renovation expenditures. The credit is limited to $500,000 per taxpayer per taxable year. A 'qualified grocery store' must be located in a 'food desert,' defined as a census tract meeting specific criteria related to distance from a grocery store, poverty rate, and median family income. The credit is applied as part of the general business credit. The amendments apply to taxable years beginning after December 31, 2026.

Back to bills

Grocery Affordability Act

Last updated: 6/18/2026 · Introduced: 6/18/2026

Author: Eugene Vindman (D-VA)

TL;DR (AI)

The Grocery Affordability Act establishes a tax credit for grocery stores located in designated food deserts.
Eligible grocery stores or renovations within these areas can receive a credit of up to $500,000 per year, equal to 30% of the basis or renovation expenditures.
To qualify, a location must meet specific criteria defining a 'food desert' based on distance from grocery stores, poverty rates, and family income.

119th Congressin committeeOfficial page

Verified Votes

No verified votes yet.

Community Votes

No community votes yet. Be the first!

Voting as guest · Sign in for verified votes

Other Sections

Includes provisions on preamble, short title., and 1 more.

3 sections

Click "Show details" to explore individual sections. Use the community vote above or visit All Sections to vote per section.

Read official text

Want the full experience?

Create a free account to cast verified votes on each section, get a personalized summary, and track your voting history.

Create Free Account