New York State Food Rescue Tax Credit Act provides tax credits for businesses donating food to eligible nonprofits.

The New York State Food Rescue Tax Credit Act establishes a tax credit for businesses donating surplus food to eligible nonprofit food assistance organizations. Eligible taxpayers can claim credits for 65% of the fair market value of donated food and 100% of related transportation and storage expenses. The act aims to reduce food waste, lower landfill emissions, and support food security. It includes provisions for a standardized reporting platform, a statewide food rescue data dashboard, and a training program for food rescue operations.

New York State Food Rescue Tax Credit Act provides tax credits for businesses donating food to eligible nonprofits.

The New York State Food Rescue Tax Credit Act establishes a tax credit for businesses donating surplus food to eligible nonprofit food assistance organizations. Eligible taxpayers can claim credits for 65% of the fair market value of donated food and 100% of related transportation and storage expenses. The act aims to reduce food waste, lower landfill emissions, and support food security. It includes provisions for a standardized reporting platform, a statewide food rescue data dashboard, and a training program for food rescue operations.