HARTFORD – State Rep. Gary Byron (R-Newington) strongly supported legislation, which would provide a tax credit for food or other commodities donated to a qualified food bank or emergency feeding organization in Connecticut.
The legislation would authorize a tax credit for an individual or corporation who produced and donated fruits, vegetables, dairy, eggs, poultry, and meat grown in the income year to the Department of Revenue Services (DRS), recognized food banks or emergency feeding organizations in Connecticut. The credit equals 15 percent of the market value for the items up to $5,000, whichever is less.
Any credit not used in the income year for when it was allowed may carry it over for up to five years until the full credit has been claimed. In order to qualify for the credit, supported documentation required by the DRS Commissioner must be provided.
Byron, who is a member of Foodshare’s Newington Hunger Action Team said, “Let’s do everything we can to eliminate hunger in our state. This bill uses incentives like a tax credit to stimulate food donations. By offering a tax credit Connecticut will encourage state farmers to donate excess fresh produce to food banks, food pantries, and food security organizations.”
In 2016, the Connecticut Farm Bureau working with Foodshare and the Connecticut Food Bank, has persuaded Connecticut farmers to donate nearly 700,000 pounds of food. Additionally, the Connecticut Farm Bureau donated over 30,000 pounds of his crops to Foodshare over the past four years.
The legislation is modeled after the ‘Farm to Food Donation’ Iowa Tax Credit program passed in 2013.
The bill was unanimously passed in the House of Representatives and now moves to the State Senate for further debate.