H.R. 8578 · 118th Congress
Retreaded Truck Tire Jobs, Supply Chain Security and Sustainability Act of 2024
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
SykesSponsor1 cosponsor · 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Retreaded Truck Tire Jobs, Supply Chain Security and Sustainability Act of 2024
What it does: CRS summary · Introduced in House · May 28, 2024
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Retreaded Truck Tire Jobs, Supply Chain Security and Sustainability Act of 2024
Latest action (May 28, 2024): 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.
Policy area: Taxation · Origin: House · Introduced: May 28, 2024
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.