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End of Truck Tax: New Vehicles, Cleaner Air, Safer Roads.

This act repeals the 12% excise tax on new heavy trucks and trailers. The goal is to reduce the cost of new vehicles, encouraging transport companies to replace older, less environmentally friendly trucks with newer models. As a result, citizens may experience improved air quality and road safety due to a more modern vehicle fleet.
Key points
Repeal of the 12% excise tax on new heavy trucks and trailers, lowering their purchase price.
Incentive to replace old trucks with new, more environmentally friendly and safer models.
Potential improvement in air quality and road safety due to a more modern vehicle fleet.
Support for the transportation industry and vehicle manufacturers, potentially impacting jobs.
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Status:
Expired
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Additional Information
Print number: 117_HR_8116
Sponsor: Rep. LaMalfa, Doug [R-CA-1]
Process start date: 2022-06-16