Politiparty
Politiparty

118th Congress Taxation

H.R. 8578: Retreaded Truck Tire Jobs, Supply Chain Security and Sustainability Act of 2024

Introduced

  1. Introduced (completed)May 28, 2024
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, May 28, 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 Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

1

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1Emilia Sykes D-OH SponsorDrew cross-party cosponsors, introduced2 events+6
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Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Emilia Sykes

History

  1. May 28, 2024Introduced in the House by Emilia Sykes.
Show the full action history (2 actions)
  1. May 28, 2024Introduced in House
  2. May 28, 2024Referred 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.