The CIRCLE Act creates a new federal tax credit to encourage investment in recycling infrastructure and equipment. Businesses that invest in qualifying recycling property placed in service after December 31, 2025, can claim a tax credit equal to 30 percent of their investment costs, with an additional 10 percentage point bonus for equipment using domestic content. The credit applies to new and upgraded recycling facilities and covers equipment used to process materials like electronics, metals, and plastics into reusable commodities. The tax credit is available at full strength through 2032, then phases out gradually between 2033 and 2036, expiring completely in 2037. The bill's goal is to help the United States reach the Environmental Protection Agency's national recycling target of 50 percent by 2030 and reduce reliance on imported virgin materials by strengthening the domestic recycling economy.
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