To amend the Internal Revenue Code of 1986 to allow an investment credit for certain domestic infant formula manufacturing facilities.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to allow an investment credit for certain domestic infant formula manufacturing facilities., changes federal law or congressional policy affecting federal agencies and legislative administrators. The main policy domain is Government Operations, Finance, Environment.
Who Benefits and How
federal agencies and legislative administrators may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section HC6C2087B3C9A491186168BEDA0709DE9: 1. Short title This Act may be cited as the Investing in New Families And Newborns Through Tax Credit Act or the INFANT Tax Credit Act.
- Section HCA8B3B500F934D5BB7F8D3A857F6AFE7: 2. Domestic infant formula manufacturing investment credit Subpart E of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by...
- Section H97AEBC8969D845C68C41610FFCD02830: 48F. Domestic infant formula manufacturing investment credit For purposes of section 46, the domestic infant formula manufacturing investment credit for any...
- Section H43BE56A38316498C9A6ECE2F03C522A9: 3. Infant formula production credit Subpart D of part IV of subchapter A of the Internal Revenue Code of 1986 is amended by adding at the end the following new...
- Section H14564AD0CF6C4CA7871C09211D0DFD08: 45BB. Infant formula production credit In the case of a qualified taxpayer, for purposes of section 38, the infant formula production credit for any taxable...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to allow an investment credit for certain domestic infant formula manufacturing facilities., changes federal law or congressional policy affecting federal agencies and legislative administrators.
Key Policy Areas
Government Operations, Finance, Environment
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to allow an investment credit for certain domestic infant formula manufacturing facilities., changes federal law or congressional policy affecting federal agencies and legislative administrators.
Policy Domains
Whole bill
Identified Gains
- federal agencies and legislative administrators
Identified Costs
- federal implementing agencies
Sponsors
Legislative Progress
IntroducedMr. Nunn of Iowa (for himself and Ms. Houlahan) introduced …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "secretary_of_agriculture"
- → Secretary of Agriculture
Key Definitions
Terms defined in this bill
infant formula that—(i)may lawfully be sold in the United States, and(ii)is manufactured in the United States.(4)Coordination with rehabilitation credit
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology