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HR 9263118th CongressFailed / ExpiredHouse

Supporting Innovation in Agriculture Act of 2024

Policy Area: Taxation
View on Congress.gov
Origin Chamber
House
Last Updated
Dec 6, 2024
Latest Action Date
Aug 2, 2024

Latest Action

Referred to the House Committee on Ways and Means.

Official Summary

Official summary has not been imported yet.

GovScope Watchdog™

AI Government Intelligence™
Executive Summary

The Supporting Innovation in Agriculture Act of 2024 (H.R. 9263) is a legislative proposal introduced in the 118th Congress aimed at promoting innovation within the agricultural sector. The bill falls under the policy area of taxation and was referred to the House Committee on Ways and Means on August 2, 2024. However, the bill did not advance beyond committee consideration and is currently classified as failed or expired. No official summary or full text of the bill is publicly available, limiting detailed analysis of its provisions.

Bottom Line

H.R. 9263 sought to support agricultural innovation through tax-related measures but did not progress past committee review and is now expired.

Policy Risk Level
🟡 Medium
Neutral Risk Assessment
Key Points
  • The bill is titled Supporting Innovation in Agriculture Act of 2024 and was introduced in the House of Representatives.
  • It is categorized under the policy area of taxation, indicating a focus on fiscal measures to encourage agricultural innovation.
  • The latest recorded action was referral to the House Committee on Ways and Means on August 2, 2024, with no further legislative movement.
Who Benefits?

['Agricultural producers and innovators potentially benefiting from tax incentives or support measures if enacted.', 'Agricultural technology companies and related industries that may gain from increased innovation incentives.', 'The House Committee on Ways and Means as the primary legislative body responsible for reviewing the bill.']

Potential Concerns

['Lack of publicly available full text and official summary limits transparency and understanding of specific provisions and their implications.', 'Since the bill did not advance beyond committee referral, there may have been challenges related to legislative support or policy alignment.', 'Potential fiscal impacts or administrative burdens associated with tax-related innovation incentives cannot be assessed without detailed provisions.']

Political Context

The bill was introduced during the 118th Congress and referred to the House Committee on Ways and Means, which oversees taxation and revenue-related legislation. Its failure to progress suggests it did not secure sufficient support or priority within the committee or broader legislative agenda during the session.

Hidden Impact Review

Hidden impact flags detected: 2

GovScope reviewed 2 policy-risk categories. Hover for a quick definition. Click detected flags for bill-specific details.

2 Detected
Detected Flags
Indirect Effects

['If enacted, tax incentives for agricultural innovation could encourage increased investment in agricultural technology and research.', 'Potential stimulation of rural economies through enhanced agricultural productivity and innovation adoption.', 'Possible shifts in agricultural industry dynamics favoring entities able to leverage tax-related innovation benefits.']

GovScope Watchdog Notes

The absence of an official summary and full bill text limits transparency and public understanding of the bill's specific measures and potential impacts. Monitoring the legislative process reveals that the bill did not advance beyond committee referral, highlighting the importance of tracking bill progression to assess legislative priorities and outcomes.

Passage Likelihood: LowConfidence: 70%Model: gpt-4.1-mini

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