California SB881 allows a tax credit for donations of fresh produce and other food items to food banks.
California SB881 provides a tax credit for qualified taxpayers who donate fresh fruits, vegetables, and other food items to food banks in California. The credit is equal to 15 percent of the qualified value of the donated items. The credit applies to donations made between January 1, 2017, and January 1, 2032. The bill aims to incentivize food donations and address food insecurity in the state.
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