HB1118
Type: B Origin: House Texas Comments: 0

Relating To A Franchise Tax Credit For Entities That Establish A Grocery Store Or Healthy Corner Store In A Food Desert.

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The bill proposes a franchise tax credit for businesses that open grocery stores or healthy corner stores in food deserts. This aims to incentivize the establishment of such stores in underserved areas lacking access to fresh and healthy food options. The credit provides financial benefits to eligible entities investing in addressing food deserts, potentially leading to improved food access and health outcomes in these communities.

Bill Activity

  • 2022-12-28: Filed

  • 2023-03-02: Read first time

  • 2023-03-02: Referred to Ways & Means

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