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

USA118th CongressHR-8578| House 
| Updated: 5/28/2024
Emilia Strong Sykes

Emilia Strong Sykes

Democratic Representative

Ohio

Cosponsors (1)
Darin LaHood (Republican)

Ways and Means Committee, Oversight and Government Reform Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
May 28, 2024
Introduced in House
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.
Jul 11, 2024

Latest Companion Bill Action

S 118-4685
Introduced in Senate
  • May 28, 2024
    Introduced in House


  • 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.


  • July 11, 2024

    Latest Companion Bill Action

    S 118-4685
    Introduced in Senate

Taxation

Related Bills

  • S 118-4685: Retreaded Truck Tire Jobs, Supply Chain Security and Sustainability Act of 2024

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

USA118th CongressHR-8578| House 
| Updated: 5/28/2024
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
May 28, 2024
Introduced in House
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.
Jul 11, 2024

Latest Companion Bill Action

S 118-4685
Introduced in Senate
  • May 28, 2024
    Introduced in House


  • 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.


  • July 11, 2024

    Latest Companion Bill Action

    S 118-4685
    Introduced in Senate
Emilia Strong Sykes

Emilia Strong Sykes

Democratic Representative

Ohio

Cosponsors (1)
Darin LaHood (Republican)

Ways and Means Committee, Oversight and Government Reform Committee

Taxation

Related Bills

  • S 118-4685: Retreaded Truck Tire Jobs, Supply Chain Security and Sustainability Act of 2024
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted