Senate Bill 694 - Modern, Clean, and Safe Trucks Act of 2023

Purpose and Summary

Chamber: Senate

Introduced date: 2023-03-08

Recent Activity

Read twice and referred to the Committee on Finance.

Alternative Names

Modern, Clean, and Safe Trucks Act of 2023

Modern, Clean, and Safe Trucks Act of 2023

A bill to amend the Internal Revenue Code of 1986 to repeal the excise tax on heavy trucks and trailers, and for other purposes.

Associated Legislation

Modern, Clean, and Safe Trucks Act of 2023

Policy Areas

Taxation

Potential Impact

Sponsors and Supporters

Sen. Young, Todd [R-IN]

Cosponsors and Supporters

Sen. Cardin, Benjamin L. [D-MD]

Committees and Subcommittees

Finance Committee

Variations and Revisions

Modern, Clean, and Safe Trucks Act of 2023

Modern, Clean, and Safe Trucks Act of 2023

12/15/2023, 4:06 PM

Modern, Clean, and Safe Trucks Act of 2023

This bill repeals the 12% excise tax on the retail sale of heavy trucks and trailers.

Congress
118
Number
S - 694
Introduced on
2023-03-08
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

3/8/2023
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Modern, Clean, and Safe Trucks Act of 2023

This bill repeals the 12% excise tax on the retail sale of heavy trucks and trailers.

Alternative Names
Official Title as IntroducedA bill to amend the Internal Revenue Code of 1986 to repeal the excise tax on heavy trucks and trailers, and for other purposes.
Policy Areas
Taxation

Comments

Related

Bill:  Modern, Clean, and Safe Trucks Act of 2023

Recent Activity

Latest Summary3/23/2023

Modern, Clean, and Safe Trucks Act of 2023

This bill repeals the 12% excise tax on the retail sale of heavy trucks and trailers.

Latest Action3/8/2023
Read twice and referred to the Committee on Finance.