Tax Credit Bill Pushes for Homegrown Cotton

The National Cotton Council is voicing strong support for the newly introduced Buying American Cotton Act, legislation spearheaded by Senator Cindy Hyde-Smith of Mississippi. The bill aims to boost demand for U.S.-grown and U.S.-manufactured cotton products by offering tax incentives that reward domestic sourcing.

Patrick Johnson, a cotton producer from Tunica, Mississippi, and chairman of the National Cotton Council, called the legislation “transformative,” highlighting how it leverages the traceability of American-grown cotton and the purchasing power of U.S. consumers. He emphasized that transferable tax credits could encourage more businesses to choose U.S. cotton—ultimately strengthening the agricultural sector and creating American jobs.

The Council also expressed appreciation for the bill’s early support from Senators John Boozman of Arkansas, Katie Britt of Alabama, and Roger Marshall of Kansas, all of whom signed on as original cosponsors. With more support anticipated in the coming weeks, the NCC is optimistic about the potential for this legislation to reinforce both the cotton industry and the broader U.S. economy.