CONGRESS FOR VOTERS

RepublicanBill · H.R. 7230· House(119-HR-7230)

Buying American Cotton Act of 2026

Rep. Murphy
Age: 63 years
North Carolina
Introduced
1/22/2026
Last activity
1/22/2026 — Referred to the House Committee on Ways and Means.
Sponsored by
Gregory Murphy
Cosponsors
Republican - 65Democrat - 36
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill amends the Internal Revenue Code of 1986 to create a domestic cotton consumption credit called the Buying American Cotton Act of 2026. The purpose is to encourage the use of cotton grown in the United States and products made from it. It sets up a trustworthy supply chain tracing system to document the processing of this cotton. Taxpayers can claim a credit based on the volume of qualified U.S. cotton in an eligible article sold during the taxable year. The bill also provides increased credit amounts for qualified cotton yarn and fabric produced in the United States.

Yes· 3 of 7

  • Would business owners be better off under this?+6

    The bill provides direct tax credits to businesses that process and sell domestic cotton products.

  • Would farmers be better off under this?+5

    The bill increases the demand and value of domestically grown cotton by encouraging its consumption.

  • Does this cut taxes for small businesses?+5

    The bill provides a tax credit for taxpayers selling eligible articles made with domestic cotton.

The opposite

  • Does this make trade with other countries easier?-2

    The bill favors domestic production and free trade partners over countries without such agreements.