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Trucking Industry Applauding Senate effort to repeal heavy-duty FET Tax

06/17/2018 5:15 PM | Anonymous member (Administrator)

A new bill introduced by U.S. Sen. Cory Gardner (R-CO) would offset the 12 percent federal excise tax on the sale of heavy duty trucks and trailers an attempt which has already received applause from several sides of the trucking industry.

Similar efforts to S.B. 3052 have already been tried previously, most recently in the kind of U.S. Rep. Doug LaMalfa's (R-CA) attempt in June 2017. While that effort ultimately failed, Gardner's has begun with 17 cosponsors. The legislation will also gain in the rallied support of the American Truck Dealers (ATD) during their annual ATD Legislative Fly-In following week.


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