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United States · Bill · HR

H.R. 8578 (118th)

Retreaded Truck Tire Jobs, Supply Chain Security and Sustainability Act of 2024

referredUnited States· United States Congress· EN

Introduced

28 May 2024

Last action

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Status

Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Accountability, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Sponsors

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Subjects

Discovery layer

Source updated

4 February 2025

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Summary

Retreaded Truck Tire Jobs, Supply Chain Security and Sustainability Act of 2024 This bill allows a new tax credit through 2027 for truck fleet retreaded tires. The amount of the credit shall be equal to the lesser of 30% of the basis of each qualified retreaded tire, or the amount incurred by a taxpayer to purchase such tires not exceeding $30 per tire.  A qualified retreaded tire is a retreaded truck tire that is retreaded and purchased in the United States.    

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Documents

3 official files

Introduced in House (text)

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