Bill > HR4466

This bill, known as the CIRCLE Act (Cultivating Investment in Recycling and Circular Local Economies Act of 2025), establishes a new tax credit to incentivize investment in recycling infrastructure in the United States. The bill creates a 30 percent investment tax credit for qualified recycling property, such as equipment and facilities used to recycle materials, with the goal of helping the U.S. increase its currently low recycling rate of around 30 percent towards the Environmental Protection Agency's national goal of 50 percent by 2030. The credit includes a potential 10 percentage point bonus for investments using domestic content and will be gradually phased out between 2026 and 2037, with the credit fully expiring after 2036. Qualified recycling property must either be newly constructed or acquired by the taxpayer, with depreciation allowable, and must involve processing materials in a way that preserves their original quality and allows them to be reused as feedstock instead of virgin materials. The bill aims to support domestic recycling markets, counter international competition, and develop U.S. recycling capacities by providing financial incentives for modernizing and upgrading recycling operations.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/4466/all-info