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Battery Fire Prevention: Tax Credits and Recycling Program

This act introduces a tax credit for recycling businesses purchasing battery detectors to enhance safety. Concurrently, it imposes a new tax on battery sales, which will fund a trust dedicated to supporting a nationwide lithium battery recycling program. The goal is to reduce fire risks and promote responsible waste management.
Key points
Recycling businesses can receive a 30% tax credit for purchasing battery detection devices, encouraging investment in safety.
A new 5% tax will be imposed on the sale of batteries by manufacturers, producers, or importers, with proceeds funding the recycling program.
A Lithium Battery Buy-back Trust Fund will be established, financed by the new tax, to support the national recycling initiative.
A National Battery Recycling Program will be created to recover and recycle used lithium batteries, potentially offering financial incentives for individuals to turn them in.
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Status: Introduced
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Additional Information
Print number: 119_HR_5686
Sponsor: Rep. Norcross, Donald [D-NJ-1]
Process start date: 2025-10-03