,i  #aaith ,,congress  #ast ,session    
,h4 ,r4 #caff  ,,in ,,the ,,house ,,of  
,,representatives  ,may #a1 #bjbe,ms4   
,strickland 7for herself and ,mr4       
,newhouse7 introduced the following     
bill2 which was referred to the         
,committee on ,ways and ,means  ,a      
,,bill  ,to amend the ,internal ,revenue
 ,code of #aihf to allow a credit       
against tax for expenses relating to the
 diversion of wasted food1 and for other
 purposes4  #a4 ,short title  ,this ,act
 may be cited as the ,local ,food       
,recycling and ,regenerative            
,opportunities ,act4  #b4 ,tax credit   
for diversion of wasted food  7a7 ,in   
general ,subpart ,a of part ,,iv of     
subchapter ,a of chapter #a of the      
,internal ,revenue ,code of #aihf is    
amended by inserting after section      
#be;,e the following new section3       
#be;,f4 ,credit for diversion of wasted 
food  7a7 ,allowance of credit ,in the  
case of an individual1 there shall be   
allowed as a credit against the tax     

imposed by this chapter for the taxable 
year an amount equal to #cj percent of  
the sum of--  7#a7 the amount paid or   
incurred by the taxpayer for any        
qualified residential food recycling    
appliance placed in service during such 
taxable year1 and  7#b7 the amount paid 
or incurred by the taxpayer during such 
taxable year for qualified residential  
organic waste services4  7b7            
,limitations  7#a7 ,qualified           
residential food recycling appliances   
,the credit allowed under this section  
by reason of subsection 7a77#a7 with    
respect to any taxpayer for any taxable 
year shall not exceed1 with respect to  
any qualified residential food recycling
 appliance1 #cjj4  7#b7 ,qualified      
residential organic waste services ,the 
credit allowed under this section by    
reason of subsection 7a77#b7 with       
respect to any taxpayer for any taxable 
year shall not exceed1 in the aggregate 
with respect to all qualified           
residential organic waste services1     

#abj4  7c7 ,denial of double benefit ,in
 the case of any qualified residential  
food recycling appliance expenses1 or   
any qualified residential organic waste 
service expenses1 with respect to which 
credit is allowed under subsection 7a7--
 7#a7 no deduction or credit shall be   
allowed for1 or by reason of1 any such  
expense to the extent of the amount of  
such credit1 and  7#b7 the basis of any 
property shall be reduced by the amount 
of such credit to the extent that such  
expenses were taken into account in     
determining such basis4  7d7            
,definitions ,for purposes of this      
section--  7#a7 ,qualified residential  
food recycling appliance ,the term      
qualified residential food recycling    
appliance means any electric appliance  
that-- 7,a7 is originally placed in     
service by the taxpayer in a dwelling   
unit located in the ,united ,states and 
used as the taxpayer's principal        
residence 7within the meaning of section
 #aba71  7,b7 facilitates the source    

separation from the trash of food waste1
 including inedible and uneaten food1   
generated in such dwelling unit1 and    
7,c7 pre-processes such waste through   
dehydration and size-reduction for      
purposes of diverting such waste from   
landfills4  7#b7 ,qualified residential 
organic waste service ,the term         
qualified residential organic waste     
service means any service to collect    
locally generated organic waste1        
including food waste that is            
pre-processed by a qualified residential
 food recycling appliance1 from a       
dwelling unit located in the ,united    
,states and used as the taxpayer's      
principal residence 7within the meaning 
of section #aba7 for purposes of local  
management and diversion from landfills4
  7e7 ,termination ,no credit shall be  
allowed under this section with respect 
to any qualified residential food       
recycling appliance placed in service1  
or any qualified residential organic    
waste service acquired1 after ,december 

#ca1 #bjca4  4  7b7 ,clerical amendment 
,the table of sections for subpart ,a of
 part ,,iv of subchapter ,a of chapter  
#a of such ,code is amended by inserting
 after the item relating to section     
#be;,e the following new item3  ,sec4   
#be;,f4 ,credit for diversion of wasted 
food4  4  7c7 ,effective date ,the      
amendments made by this section shall   
apply to taxable years beginning after  
,december #ca1 #bjbe4