Retreaded Tire Jobs, Supply Chain Security and Sustainability Act of 2025
- house
- senate
- president
Last progress May 14, 2025 (6 months ago)
Introduced on May 14, 2025 by Darin Lahood
Sponsors (8)
House Votes
Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Government Reform, 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.
Senate Votes
Presidential Signature
AI Summary
This bill encourages the use of retreaded tires to save money and reduce waste. It creates a new federal tax credit for buying retreaded tires that were retreaded and purchased in the United States. The credit is 30% of the cost, up to $30 per tire. The credit ends after December 31, 2028. The IRS would issue guidance to make this work. The bill also aims to have federal agencies consider using retreaded tires.
Key points:
- Who is affected: People and companies that buy retreaded tires in the U.S.; federal agencies considering tire purchases.
- What changes: A new tax credit worth 30% of the price, up to $30 per retreaded tire; IRS guidance to implement it.
- When: The credit is available through December 31, 2028.