To amend the Internal Revenue Code of 1986 to establish the truck fleet retreaded tire tax credit, to require Federal agencies to consider the use of retreaded tires, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to establish the truck fleet retreaded tire tax credit, to require Federal agencies to consider the use of retreaded tires, and for other purposes., changes federal law or congressional policy affecting transportation operators and travelers. The main policy domain is Transportation, Finance, Trade.
Who Benefits and How
transportation operators and travelers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, transportation operators and travelers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H42C9E7D6404F4622B33ACAFA583DC02D: 1. Short title This Act may be cited as the Retreaded Truck Tire Jobs, Supply Chain Security and Sustainability Act of 2024.
- Section HDAF7D1705ADD47F2BCD82687F4559B60: 2. Credit for certain retreaded tires 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...
- Section H4F2469D752394FFBB986C28CBBA60FEA: 45BB. Truck fleet retreaded tire tax credit For purposes of section 38, the truck fleet retreaded tire tax credit for any taxable year is an amount equal to...
- Section H0E25632C9B614D5E8A68BD1BE6EA5853: 3. Use of retreaded tires for Federal fleets In any case in which a retreaded tire is available on the General Services Administration tire schedule in the...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to establish the truck fleet retreaded tire tax credit, to require Federal agencies to consider the use of retreaded tires, and for other purposes., changes federal law or congressional policy affecting transportation operators and travelers.
Key Policy Areas
Transportation, Finance, Trade
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to establish the truck fleet retreaded tire tax credit, to require Federal agencies to consider the use of retreaded tires, and for other purposes., changes federal law or congressional policy affecting transportation operators and travelers.
Policy Domains
Whole bill
Identified Gains
- transportation operators and travelers
Identified Costs
- federal implementing agencies
- transportation operators and travelers
Sponsors
Legislative Progress
IntroducedMrs. Sykes (for herself and Mr. LaHood) introduced the following …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → The Secretary identified in the operative section
Key Definitions
Terms defined in this bill
a retreaded truck tire— retreaded in the United States
a retreaded truck tire— retreaded in the United States
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology