Truck sales tax repeal legislation introduced

Posted By Equipment World Staff On April 4, 2012 @ 10:28 am In Construction News | No Comments

Representative Jim Gerlach (R-Pa.) introduced H.R. 4321, legislation to repeal the retail sales excise tax on heavy trucks and replace the revenue with a small increase in the diesel fuel tax rate. The bill was cosponsored by Rep. Earl Blumenauer (D-Ore.), according to an NTEA Insider report ^[1].

The bill has been referred to the House Ways and Means Committee, of which Rep. Gerlach is a member.

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[1] NTEA Insider report: http://www.ntea.com/content.aspx?id=26534

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