Lawmakers Introduce Bill to Repeal Federal Excise Tax on New Trucks

Two members of the U.S. House of Representatives recently introduced legislation aimed at repealing the 12% federal excise tax on certain heavy-duty trucks, tractors and trailers.

Reps. Doug LaMalfa (R-Calif.) and Collin Peterson (D-Minn.) led a bipartisan effort April 29 to unveil the Modern, Clean, and Safe Trucks Act of 2019, which would repeal the tax.

Read more…