Resilient Tire Supply and Jobs Act
- Bill Number
- S. 2790
- Origin Chamber
- Senate
- Congress
- 119th Congress, Session 1
- Policy Area
- Taxation
- Status
- Introduced
- Latest Action
- 2025-09-11: Read twice and referred to the Committee on Finance.
- Last Updated
- 2025-10-23T11:18:17Z
AI-Generated Summary
Purpose This legislation aims to promote the use of retreaded tires by creating a tax credit for their purchase and requiring federal agencies to prioritize them in procurement when available.
Key Provisions
- Tax Credit: Adds Section 45BB to the Internal Revenue Code, providing a credit equal to the lesser of 30% of the cost or $30 per qualified retreaded tire (retreaded and purchased in the United States).
- Integration with Existing Credits: The new credit is included as part of the general business credit under Section 38.
- Federal Procurement Mandate: Requires heads of executive agencies to order retreaded tires from the General Services Administration schedule in the desired size, load range, and tread designation instead of new tires.
- Regulatory Update: Directs the Federal Acquisition Regulatory Council to amend the Federal Acquisition Regulation within one year to implement the procurement requirement.
- Sunset: The tax credit applies to tires placed in service after December 31, 2025, and ends after December 31, 2028.
Significant Changes to Existing Law
- Introduces a new tax incentive under the Internal Revenue Code of 1986 not previously available for retreaded tires.
- Establishes a mandatory preference for retreaded tires in federal fleet purchases, altering standard procurement practices under existing regulations.
Potential Impacts
- Government Agencies: Requires changes in purchasing processes for executive agencies, potentially increasing administrative coordination with the General Services Administration.
- Citizens and Businesses: Offers financial incentives to eligible taxpayers purchasing qualifying tires, which may encourage adoption in commercial fleets.
- International Relations: No direct provisions affect foreign trade or relations.
Main Stakeholders Affected
- Businesses and taxpayers eligible for the credit.
- Federal executive agencies and their procurement offices.
- Tire retreading companies and manufacturers operating in the United States.
- The General Services Administration and the Federal Acquisition Regulatory Council.
Notable Legal, Constitutional, or Political Implications
- Operates within established congressional authority over taxation and federal procurement with no apparent constitutional conflicts.
- Focuses on domestic production incentives without altering existing trade or environmental statutes.
This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.
Sponsor
Cosponsors (2)
Sen. Marshall, Roger [R-KS], Sen. Hawley, Josh [R-MO]
Recent Actions
- 2025-09-11: Read twice and referred to the Committee on Finance.
- 2025-09-11: Introduced in Senate
Bill Versions
- Resilient Tire Supply and Jobs Act — issued 2025-09-11 — PDF (4 pages)