Fresh Harvest Food Bank, along with Hunger Free Colorado and food banks and pantries across Colorado are closely watching the Colorado Charitable Crop Donation bill that is currently under review at the Colorado House of Representatives.
HB-2014-1119 will help Colorado’s agricultural communities and food banks across the state provide fresh Colorado food to those in need.
This bill would boost access to fresh, healthy, locally produced food (including fresh fruits and vegetables, dairy products and meat products) for low-income Coloradans by offering a 25% tax credit to local producers for the wholesale value of food they produce and donate to qualified nonprofit food distribution organizations across the state.
House Bill 2014-1119 has received bipartisan support and is sponsored by Rep. McLachlan, Rep. Dore, Sen. Hodge and Sen. Roberts.
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Example: $2,500 Tax Credit for Donated Produce
Tax Credit Amount: $2,500
Wholesale Value: $10,000
Retail Food Value (Estimated): $13,500
To stay up to date on the latest news and to sign up to receive updates regarding HB-2014-1119 visit Hunger Free Colorado’s Action Center.