Already have an account? Sign in.

 Remember Me | Forgot Your Password?

N.Y. State Legislators Move To Incentivize Commercial Food Donations With Tax Credits

January 20, 2018: 12:00 AM EST
A Republican Senator and colleagues in the New York State legislature is tackling the food waste problem by co-sponsoring legislation to create a tax credit of up to $5,000 for grocery stores, food brokers, wholesalers, restaurateurs, and catering services that donate surplus or about-to-waste food to local food banks and pantries. The tax credit proposal builds on a measure enacted last year that created a tax credit of up to $5,000 for farmers who donate fresh produce to food banks and other emergency food providers. “We need to keep taking commonsense actions like this one to stop perfectly good, fresh, nutritious food from ending up in landfills and waste incinerators and, at the same time, to help combat hunger,” Sen. Thomas F. O’Mara said.  [ Image credit: © Thomas O'Mara  ]
Jeff Smith, "O’Mara Calls for Tax Credit to Grocers, Others Donating Surplus Food", The Leader, January 20, 2018, © GateHouse Media, LLC
Domains
FOOD BUSINESS NEWS
News
Waste
Companies
Market News
Policy & Regulation
Production
Geographies
Worldwide
North America
United States of America
Categories
Companies, Organizations
Legal, Legislation, Regulation, Policy
Trends
Developed by Yuri Ingultsov Software Lab.