Retreaded Tire Jobs, Supply Chain Security and Sustainability Act of 2025

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 3401 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 3401 To amend the Internal Revenue Code of 1986 to establish the retreaded tire credit, to require Federal agencies to consider the use of retreaded tires, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 14, 2025 Mr. LaHood (for himself and Mrs. Sykes) introduced the following bill; which was 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 _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to establish the retreaded tire credit, to require Federal agencies to consider the use of retreaded tires, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Retreaded Tire Jobs, Supply Chain Security and Sustainability Act of 2025''. SEC. 2. CREDIT FOR CERTAIN RETREADED TIRES. (a) In General.--Part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end of subpart D the following new section: ``SEC. 45BB. RETREADED TIRE CREDIT. ``(a) In General.--For purposes of section 38, the retreaded tire credit for any taxable year is an amount equal to the sum of the credit amounts determined under subsection (b) with respect to the taxpayer for the taxable year. ``(b) Per Tire Amount.--There shall be a credit equal to so much of the qualified tire retreading expenses of the taxpayer as do not exceed the lesser of-- ``(1) 30 percent of the amount paid or incurred by the t