Buying American Cotton Act of 2025
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 20
- Latest action
- May 22, 2025
What it does
The Buying American Cotton Act of 2025 would create a new tax credit under the Internal Revenue Code to encourage the domestic consumption of U.S.-grown cotton and products made from it, with the credit amount based on the documented volume of qualified cotton in eligible articles sold, an applicable percentage (24% or 18% depending on where processing occurred), and the applicable cotton market price. The credit applies to the first sale of an eligible article to an unrelated person, provided the cotton is traceable through a digital supply chain system and meets proof-of-origin requirements, and includes enhanced credits for qualified cotton yarn (multiplied by 1.6) and fabric (multiplied…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.