Hauling Industry News

Perspective: Repealing the Federal Excise Tax to ‘Modernize the Truck Fleet’

By Pulltarps Mfg | July 1, 2019

More than 100 commercial truck dealers, trade association executives and trucking industry stakeholders will descend on Washington the week of June 17 to urge members of Congress to co-sponsor the Modern, Clean and Safe Trucks Act of 2019 (HR 2381), a bipartisan bill in the U.S. House of Representatives to repeal the 12% federal excise tax on the sale of most new heavy-duty trucks and trailers.

Members of American Truck Dealers and the Truck Renting and Leasing Association will host fly-ins with their members for meetings on Capitol Hill. These meetings will be accompanied by a press conference on the Capitol grounds, where a modern Class 8 truck will be parked alongside a World War I era truck to highlight the year — 1917 — when the federal excise tax was first enacted. Story by Jodie Teuton | Chairwoman, American Truck Dealers / posted on www.ttnews.com