H.R. 8578 · 118th Congress · House

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

Active· Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Accountability, for a period to be subsequent…
Introduced
May 28, 24
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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.

 

 

Action Timeline

4
  1. MAY 28, 2024•IntroReferral

    Introduced in House

  2. MAY 28, 2024•IntroReferral

    Introduced in House

  3. MAY 28, 2024•IntroReferral

    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.

  4. MAY 28, 2024•IntroReferral

    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.

Committees

2

Oversight and Government Reform Committee

hsgo00

Referred: May 28, 2024

Active

Ways and Means Committee

hswm00

Referred: May 28, 2024

Active