RepublicanBill · S. 4657· Senate(119-S-4657)

Modern, Clean, and Safe Trucks Act of 2026

Rep. Young
Age: 54 years
Indiana
Introduced
6/2/2026
Last activity
6/2/2026 — Read twice and referred to the Committee on Finance.
Sponsored by
Todd Young
Cosponsors
Republican - 0Democrat - 1
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill is known as the Modern, Clean, and Safe Trucks Act of 2026. It amends the Internal Revenue Code of 1986 to repeal the 12-percent Federal retail excise tax on heavy trucks, tractors, and trailers. The text notes that this tax adds thousands of dollars to the cost of new vehicles and discourages the replacement of older models. By removing this tax, the legislation aims to encourage the purchase of newer vehicles with advanced safety and environmental technologies. The bill also makes several conforming amendments to related tax and code provisions. Finally, the repeal applies to sales and installations on or after the date the Act is enacted.

Yes· 3 of 13

  • Would business owners be better off under this?+7

    Reduces capital investment costs for trucking companies and fleet owners.

  • Does this make it easier to run a small business?+7

    Significantly lowers upfront capital expenses for independent truckers and small fleet owners purchasing new equipment.

  • Does this cut taxes for small businesses?+6

    Repeals the 12-percent Federal retail excise tax on heavy trucks and trailers, lowering acquisition costs for small trucking businesses.

The opposite

  • Does this reduce what the federal government owes?-3

    Eliminating the excise tax reduces revenues deposited into the Highway Trust Fund.

  • Does this repair or build roads and bridges?-3

    Decreases dedicated revenues for the Highway Trust Fund, potentially impacting infrastructure funding.

  • Does this make the government pay for what it commits to?-2

    Removes a dedicated funding stream for the Highway Trust Fund without an immediate replacement.