What is the current status of HR 7230?

HR 7230 is currently: Introduced.

Who sponsored HR 7230?

HR 7230 was sponsored by Greg Murphy (R), Rep.

Buying American Cotton Bill

IntroducedJanuary 22, 2026

Introduced9 months ago

Intro

House

Senate

Pres

Referred to the House Committee on Ways and Means.

Taxation

Why This Matters

The Buying American Cotton Act of 2026 aims to boost the use of U.S. cotton by offering tax credits to companies that sell cotton products. This helps support American farmers and ensures that cotton is processed through a trustworthy system.

If you buy products made from American cotton, it could help support local farmers and businesses.

Who this affects

American cotton farmers · Cotton product companies

What changes is this bill making?

1This bill creates a tax credit for companies that sell products made from U.S. cotton.
2It encourages the use of cotton grown in the United States.
3The bill requires tracking of cotton through a reliable supply chain.
4Companies can earn a higher credit if the cotton is processed in the U.S. or in certain trade partner countries.
5The credit amount depends on the market price of cotton and the processing location.

Read full document

Last changed 2 months ago · checked hourly

Buying American Cotton Bill

IntroducedJanuary 22, 2026

Introduced9 months ago

Intro

House

Senate

Pres

Referred to the House Committee on Ways and Means.

Taxation

Why This Matters

If you buy products made from American cotton, it could help support local farmers and businesses.

Who this affects

American cotton farmers · Cotton product companies

What changes is this bill making?

1This bill creates a tax credit for companies that sell products made from U.S. cotton.
2It encourages the use of cotton grown in the United States.
3The bill requires tracking of cotton through a reliable supply chain.
4Companies can earn a higher credit if the cotton is processed in the U.S. or in certain trade partner countries.
5The credit amount depends on the market price of cotton and the processing location.

Read full document

Last changed 2 months ago · checked hourly