Support FET repeal

“NTEA is a longstanding advocate of repealing the more than 100-year-old burdensome and complex tax, and is a founding member of the Modernize the Truck Fleet coalition,” said Steve Carey, NTEA’s president and CEO. “We believe repeal will help fleets to replace older and less fuel-efficient heavy-duty trucks with safer and more environmentally friendly new trucks.”

NTEA commends U.S. Senators Todd Young (R-IN) and Ben Cardin (D-MD) for introducing S. 2435, the Modern, Clean, and Safe Trucks Act of 2021. This bipartisan bill would repeal the 12% Federal Excise Tax (FET) on heavy trucks and trailers. 

NTEA calls on Congress to repeal the FET as a part of any upcoming infrastructure legislation. Eliminating the FET would provide Congress the opportunity to create long-term stability in the Highway Trust Fund by replacing the FET with a funding source not based on annual truck sales. 

For questions regarding the FET repeal, contact NTEA’s managing director and government relations expert, Mike Kastner.

Contact your Senators