S. 4685 · 118th Congress · Taxation
Retreaded Truck Tire Jobs, Supply Chain Security and Sustainability Act of 2024
- IntroducedJul 11, 2024 Done
- CommitteeDied Jan 3, 2025 Stopped here
- Senate floorNot yet Not reached yet
- House floorNot yet Not reached yet
- Chambers agreeNot yet Not reached yet
- PresidentNot yet Not reached yet
What it does
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 to exceed $30 per tire.
A qualified retreaded tire is a retreaded truck tire that is retreaded and purchased in the United States.
The bill requires agency heads to purchase retreadable tires of certain sizes, load ranges, and desired tread designation instead of new non retreadable tires.
Congressional Research Service · summary of “Introduced in Senate” version · Jul 11, 2024
Who lobbies on it
1 organization · 2 filings · Q3 2024–Q4 2024One square per quarter since introduction, oldest left. Filled = named it that quarter.
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Bridgestone Americas Inc
2 of 2 quarters
“Issues related to sustainability, U.S. jobs, and H.R. 8578/ S. 4685 - Retreaded Truck Tire Jobs, Supply Chain Security and Sustainability Act of 2024.”
Organizations that named S. 4685 in a quarterly lobbying report. Covers organizations with a PAC on file; reports from organizations without one aren’t loaded yet. Spend is the organization’s total across all issues: reports don’t split spending by bill. Source: Senate lobbying disclosures (LD-2) from lda.gov; quotes are word for word from the “specific lobbying issues” field.
Actions
2 actions · newest first- Jul 11, 2024Read twice and referred to the Committee on Finance.
- Jul 11, 2024Introduced in Senate