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US SB2790
Bill
AI Summary
- Creates a new tax credit for purchasing qualified retreaded tires, equal to 30% of the purchase price or $30, whichever is less
- Qualified retreaded tires must be both retreaded and purchased in the United States
- Tax credit applies to tires placed in service between January 1, 2026 and December 31, 2028
- Requires federal agencies to purchase retreaded tires instead of new tires when available on the GSA tire schedule in the needed specifications
- Federal Acquisition Regulation must be amended within 1 year of enactment to incorporate the retreaded tire requirements
Legislative Description
Resilient Tire Supply and Jobs Act
Taxation
Last Action
Read twice and referred to the Committee on Finance.
9/11/2025
Committee Referrals
Finance9/11/2025
Full Bill Text
No bill text available