Establishes a tax credit for businesses donating prepared meals to certain tax-exempt organizations.

The Meals for Communities Tax Credit Act amends the Internal Revenue Code to create a tax credit for eligible businesses donating prepared meals to certain tax-exempt organizations. The credit is equal to 50% of the fair market value of the donated meals, up to $50,000 per year. The meals must be donated to organizations exempt from tax under section 501(a) of the Internal Revenue Code, excluding private foundations that are not operating foundations. The credit is part of the general business credit and cannot be claimed in addition to a deduction.

Establishes a tax credit for businesses donating prepared meals to certain tax-exempt organizations.

The Meals for Communities Tax Credit Act amends the Internal Revenue Code to create a tax credit for eligible businesses donating prepared meals to certain tax-exempt organizations. The credit is equal to 50% of the fair market value of the donated meals, up to $50,000 per year. The meals must be donated to organizations exempt from tax under section 501(a) of the Internal Revenue Code, excluding private foundations that are not operating foundations. The credit is part of the general business credit and cannot be claimed in addition to a deduction.