Businesses would get a 30 percent tax credit for investing in new recycling equipment.
This bill would give businesses a new 30 percent tax credit for buying or building new recycling equipment. This aims to boost America's recycling rate, which is currently around 30 percent, by making it cheaper for companies to upgrade their facilities and use more recycled materials. The credit would also offer an extra 10 percentage point bonus for equipment made with U.S. parts.
Currently, there is no specific federal tax credit for businesses that invest in recycling equipment, and America's recycling rate is about 30 percent. If this bill becomes law, businesses would get a new 30 percent tax credit for eligible recycling property, with a potential 10 percentage point bonus for using U.S.-made parts. This credit would apply to property constructed or placed in service after December 31, 2025, and would gradually phase out starting in 2033.
HR 4466 · 119th Congress · AI Summary by gemini-2.5-flash · 9/10
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32 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.