RISE Act

The Recycling Investment Saves Energy (RISE) Act would provide a significant tax incentive for businesses to invest in recycling infrastructure by allowing them to deduct 50% of the cost of new recycling equipment in the first year. This deduction applies to machinery used to collect, distribute, or process scrap materials such as metal, paper, glass, plastic, textiles, and rubber. For everyday citizens, the bill aims to encourage more efficient waste management and energy savings by making it more affordable for companies to modernize their recycling operations. While this specific bill was referred to a committee in 2008 and did not pass on its own, its core provisions were later enacted as part of a larger economic package.