What is the current status of HR 3401?

HR 3401 is currently: Introduced.

Who sponsored HR 3401?

HR 3401 was sponsored by Darin LaHood (R), Rep.

Retreaded Tire Credit Act

IntroducedMay 14, 2025

Introduced1 year ago

Intro

House

Senate

Pres

Introduced in House

Taxation

Why This Matters

This bill encourages the use of retreaded tires by offering tax credits to businesses and requiring federal agencies to choose retreaded tires when available. It aims to support domestic manufacturing and reduce waste.

If you own a business that uses tires, you could save money by purchasing retreaded tires.

Who this affects

Businesses buying tires · Federal agencies managing fleets

What changes is this bill making?

1This bill creates a tax credit for businesses that purchase retreaded tires.
2Businesses can receive a credit of up to 30% of their spending on qualified retreaded tires.
3Retreaded tires must be made and purchased in the United States to qualify for the credit.
4Federal agencies are required to use retreaded tires when available instead of new tires.
5The tax credit will end for tires purchased after December 31, 2028.

Read full document

Last changed 5 months ago · checked hourly

Retreaded Tire Credit Act

IntroducedMay 14, 2025

Introduced1 year ago

Intro

House

Senate

Pres

Introduced in House

Taxation

Why This Matters

If you own a business that uses tires, you could save money by purchasing retreaded tires.

Who this affects

Businesses buying tires · Federal agencies managing fleets

What changes is this bill making?

1This bill creates a tax credit for businesses that purchase retreaded tires.
2Businesses can receive a credit of up to 30% of their spending on qualified retreaded tires.
3Retreaded tires must be made and purchased in the United States to qualify for the credit.
4Federal agencies are required to use retreaded tires when available instead of new tires.
5The tax credit will end for tires purchased after December 31, 2028.

Read full document

Last changed 5 months ago · checked hourly