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

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 to exceed $30 per tire.  A qualified retreaded tire is a retreaded truck tire that is retreaded and purchased in the United States.  The bill requires agency heads to purchase retreadable tires of certain sizes, load ranges, and desired tread designation instead of new non retreadable tires. 

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Timeline

1. 11 July 2024

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 11 July 2024

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 11 July 2024 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 11 July 2024

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 11 July 2024

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 11 July 2024

  Open at official source

Sponsors

• Sen. Brown, Sherrod [D-OH] · D · Sponsor
• · ssfi00 · Standing

Related records

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