August 20th, 2008 → 12:21 am @ MReed // No Comments
A new bill that is being sought after in the Senate would provide a tax credit for truckers and trucking companies that buy their commercial vehicles with specific safety features included. The maximum tax credit per year would be $3,500 per vehicle and $350,000 per taxpayer.
These safety features would help to reduce crashes and fatalities on the roads according to the Large Truck Crash Causation Study done by the Federal Motor Carrier Safety Administration. They would aid in collision avoidance, lane departure warning, stability control and brake stroke monitoring.
This bill was introduced into the Senate just before the August recess and it is completely backed by not only the Commercial Vehicle Safety Alliance but also the FMCSA and the National Transportation Safety Board. A push is being made now to provide as much support as possible for this bill when the Senate is back in session and the bill is voted on.
Tags: tax credit, trucking