Tennessee Tire Environmental Act Program (TEAP)
Description
TEAP provides state matching funds to directly support tire recycling, tire derived product use, tire reuse research and development, or processing facility improvements. In 2015, the Tennessee Automotive Association partnered with TDEC and the General Assembly to enact Public Chapter 525 that established the Tire Environmental Fund. Upon the first retail sale of a new motor vehicle that is to be titled and registered in Tennessee, a flat fee based on the number of the vehicle’s wheels is assessed. The fee goes into the Tire Environmental Fund which is used to fund projects creating or supporting beneficial end uses for waste tires.