Repeal of the federal excise tax (FET) on heavy trucks is gaining support in both the House and Senate.
Senator Cory Gardner (R-CO) introduced S. 3052 on June 12 to repeal the FET. The Senate introduction comes as the existing House repeal bill, HR 2946 introduced by Representative Doug LaMalfa (R-CA), gains co-sponsors. HR 2946 currently has 21 bipartisan co-sponsors.
It is hoped that FET repeal will be considered this fall in the context of overall infrastructure finance reform.