HR 8165 · 117th Congress · Taxation

Commercial Vehicle Fleet Retreaded Tire Utilization Reinvestment and Recovery Act of 2022

Introduced 2022-06-21· Sponsored by Rep. Ryan, Tim [D-OH-13]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2022-06-21)

Plain Language Summary

[AI summary unavailable — showing source text] Commercial Vehicle Fleet Retreaded Tire Utilization Reinvestment and Recovery Act of 2022 This bill allows a new tax deduction through 2026 for 50% of the cost of purchasing a qualified retreaded tire (i.e., a retreaded truck tire manufactured in the United States by a manufacturer that is not owned or under the control of a state-owned enterprise and purchased by the taxpayer in the United States).…

Summarized by Claude AI · Non-partisan · For informational purposes only