{"text":"More than 100 commercial truck dealers, trade association executives and trucking industry stakeholders will descend on Washington this week to urge members of Congress to co-sponsor the Modern, Clean and Safe Trucks Act of 2019 (HR 2381), a bipartisan bill in the US House of Representatives to repeal the 12% federal excise tax on the sale of most new heavy-duty trucks and trailers.\n\n\nMembers 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.\n\n\nIn January, ATD and TRALA joined other industry groups to form the Modernize the Truck Fleet coalition, which supports repeal of the federal excise tax and identification of more viable revenue streams for the Highway Trust Fund, which the FET currently supports. NTEA — The Association for the Work Truck Industry, the Truck and Engine Manufacturers Association, the National Trailer Dealers Association and National Tank Truck Carriers Association.\n\n\nThe MTF coalition is off to a strong start; in April, HR 2381 was introduced by Reps. Doug LaMalfa (R-Calif.) and Collin Peterson (D-Minn.). The bill has secured 14 bipartisan co-sponsors and was To the House Ways and Means Committee. A Senate companion bill is expected to follow, with the ultimate goal of incorporating FET repeal into a larger infrastructure bill.\n\n\nRead more: https://www.ttnews.com/articles/repealing-fet-modernize-truck-fleet","videos":"[]","link":"{}","pics":"[]","canComment":true}
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