CONGRESS FOR VOTERS

Gregory Murphy (R-NC)

Buying American Cotton Act of 2026

H.R. 7230 · House bill Taxation

A Republican bill with 37 Democratic cosponsors · See all 103 cosponsors

Last activity — Referred to the House Committee on Ways and Means.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  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

  • Scored +6

    Would business owners be better off under this?

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

  • Scored +5

    Would farmers be better off under this?

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

  • Scored +5

    Does this cut taxes for small businesses?

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

The opposite

  • Scored -2

    Does this make trade with other countries easier?

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