H.R. 8578House Bill118th Congress

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

Introduced in the HouseDead

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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.

Introduced May 28, 2024
IntroducedNow

Filed in the House

Reported by Committee
Passed House
Passed Senate
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