HYDE-SMITH BILL AIMS TO INCREASE THE USE OF U.S. COTTON WITH NEW TAX CREDIT
HYDE-SMITH BILL AIMS TO INCREASE THE USE OF U.S. COTTON WITH NEW TAX CREDIT
WASHINGTON, D.C. – U.S. Senator Cindy Hyde-Smith (R-Miss.) today announced her introduction of legislation to create a tax credit that incentivizes the consumption of more products made with U.S.-grown cotton.
The Buying American Cotton Act (S.1919) would authorize transferable tax credits on the sale of cotton products, including but not limited to apparel, home textiles, and nonwovens that are either fully...