Commercial Vehicle Fleet Retreaded Tire Utilization Reinvestment and Recovery Act of 2022 This bill allows a new tax deduction through 2026 for 50% of the cost of purchasing a qualified retreaded tire (i.e., a retreaded truck tire manufactured in the United States by a manufacturer that is not owned or under the control of a state-owned enterprise and purchased by the taxpayer in the United States).
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Commercial Vehicle Fleet Retreaded Tire Utilization Reinvestment and Recovery Act of 2022
USA117th CongressHR-8165| House
| Updated: 6/21/2022
Commercial Vehicle Fleet Retreaded Tire Utilization Reinvestment and Recovery Act of 2022 This bill allows a new tax deduction through 2026 for 50% of the cost of purchasing a qualified retreaded tire (i.e., a retreaded truck tire manufactured in the United States by a manufacturer that is not owned or under the control of a state-owned enterprise and purchased by the taxpayer in the United States).