We have received text from H.R. 10499: Meals for Communities Tax Credit Act. This bill was received on 2026-09-17, and currently has 2 cosponsors.
Here is a short summary of the bill:
This bill would create a new federal tax credit for certain businesses that donate prepared meals to qualifying charities.
What the credit would do
Restaurants and retail food establishments could claim a credit equal to 50% of the fair market value of eligible prepared meal donations they make during the tax year.
Who could claim it
The credit would be available only to an eligible business , defined as a restaurant or retail food establishment .
What kinds of donations count
The donation would have to be:
- a charitable contribution of a prepared meal ;
- made to a 501(c)(3) tax-exempt organization ;
- made to an organization that is not a private foundation unless it is an operating foundation.
The bill says the Treasury Department would define what counts as a “prepared meal” through rules or guidance.
Limits on the credit
- The value of any one qualified meal donation could not exceed $14 per meal for purposes of the credit.
- That $14 amount would be adjusted for inflation for taxable years beginning after 2026.
- The total credit any taxpayer could claim in a year would be capped at $50,000 .
Interaction with other tax benefits
A business could not also claim a tax deduction for the same amount used to calculate this credit. In other words, it could not get a double tax benefit for the same donation.
When it would take effect
The new credit would apply to taxable years beginning after December 31, 2025 .
Relevant Companies
- None found
Representative Darin LaHood Bill Proposals
Here are some bills which have recently been proposed by Representative Darin LaHood:
- H.R.10499: Meals for Communities Tax Credit Act
- H.R.10075: First-Time Homebuyer Affordability Act
- H.R.9518: Health Savings for Families Act of 2026
- H.R.9150: Boxing Therapy for Parkinson’s Access Act
- H.R.9100: Modernizing Agricultural and Manufacturing Bonds Act
- H.R.8933: Dietary Supplements Access Act
You can track bills proposed by Representative Darin LaHood on Quiver Quantitative's politician page for LaHood.
Representative Darin LaHood Net Worth
Quiver Quantitative estimates that Representative Darin LaHood is worth $433.8K, as of September 26th, 2026. This is the 410th highest net worth in Congress, per our live estimates.
LaHood has approximately $140.8K invested in publicly traded assets which Quiver is able to track live.
You can track Representative Darin LaHood's net worth on Quiver Quantitative's politician page for LaHood.
Representative Darin LaHood Stock Trading
We have data on up to $15.0K of trades from Representative Darin LaHood, which we parsed from STOCK Act filings. Some of the largest trades include:
- A November 17th, 2022 sale of up to $15K of $WNRP.
You can track Representative Darin LaHood's stock trading on Quiver Quantitative's politician page for LaHood.
2026 Illinois's 16th Congressional District Election
There has been approximately $4,832,190 of spending in Illinois's 16th congressional district elections over the last two years, per our estimates.
Approximately $22,086 of this has been from outside spending by PACs and Super PACs.
The rating for this race is currently "Solid R".
You can track this election on our matchup page for the 2026 Illinois's 16th congressional district election.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
