H.R. 8165 · 117th Congress

Commercial Vehicle Fleet Retreaded Tire Utilization Reinvestment and Recovery Act of 2022

Stage
In committee
Sponsor
Tim Ryan
Introduced
2022-06-21
Latest action
2022-06-21 · Introduced in House

Summary

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).