Bill would finally end federal excise tax on heavy trucks established nearly 110 years ago

A bill introduced in the U.S. Senate today seeks to help modernize the American trucking industry by repealing the federal excise tax. On June 2, 2026, U.S. Senators Todd Young (R-Ind.) and Angela Alsobrooks (D-Md.) introduced the Modern, Clean, and Safe Trucks Act. The bill would repeal the repeal the 12% federal excise tax (FET) on […] The post Bill would finally end federal excise tax on heavy trucks established nearly 110 years ago appeared first on CDLLife.