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Bill

Bill

S 4657

Modern, Clean, and Safe Trucks Act of 2026

119th Congress Introduced by Angela Alsobrooks and 1 co-sponsor

The bill would repeal the federal excise tax on heavy trucks and trailers, altering revenue for highway programs and vehicle economics.

Introduced in Senate
0
WeVote Research Nonpartisan
Bill Summary · S 4657

Overview

S. 4657 (119th Congress) is a bill introduced in the United States Senate with the purpose of amending the Internal Revenue Code of 1986 to repeal the federal excise tax on heavy trucks and trailers, and for other purposes. The legislation has been read twice and referred to the Senate Committee on Finance, with joint sponsorship from Todd Young and Angela Alsobrooks.

Primary purpose and intent

  • Eliminate the federal excise tax currently imposed on heavy trucks and trailers.
  • Address broader implications related to the tax structure governing heavy vehicles and associated revenue considerations, potentially affecting highway funding and motor carrier economics.
  • The bill’s title indicates a broad goal of repeal “and for other purposes,” suggesting there may be ancillary provisions or related reforms, though specific additional provisions are not detailed in the provided summary.

Key provisions and changes

  • Repeal of the federal excise tax on heavy trucks and trailers: The central provision would remove the existing tax levied on heavy trucks and trailers at the federal level.
  • Internal Revenue Code amendments: The repeal would require amendments to the Internal Revenue Code of 1986 to eliminate the statutory basis for the excise tax and to implement any necessary transitional or administrative changes.
  • Potential related provisions (unspecified in summary): The phrase “and for other purposes” implies possible supplementary changes that could affect related areas such as revenue allocation, highway funding mechanisms, or regulatory compliance, though exact details are not provided here.

Who would be affected

  • Heavy truck and trailer manufacturers, importers, and distributors: They would no longer face the federal excise tax on new heavy vehicles and trailers.
  • Trucking companies and fleets: Indirectly affected through changes in vehicle acquisition costs and potential impacts on overall fleet economics.
  • Federal revenue and highway programs: If the repeal reduces federal excise tax collections, there could be downstream effects on funding sources for highway infrastructure, unless offset by alternative revenue or funding mechanisms.

Procedural and timeline aspects

  • Introduction and referral: The bill was introduced in the Senate and referred to the Committee on Finance on June 2, 2026.
  • Roles of sponsors: Co-sponsors listed are Todd Young and Angela Alsobrooks, indicating bipartisan sponsorship.
  • Next steps (typical legislative process): The Finance Committee would hold hearings, mark up the bill, and report it to the Senate floor. If reported, the full Senate would consider floor debate, amendments, and a potential vote. If enacted, the bill would then proceed to the House of Representatives or face reconciliation depending on proceedings.

Notes and considerations

  • Financial impact: Repealing the excise tax would reduce federal tax revenue associated with heavy vehicles. The bill’s text would typically include transitional rules and an analysis of revenue impact, though those specifics aren’t provided here.
  • Policy trade-offs: Repeal may affect highway funding programs that rely on excise tax revenue unless offset by other funding sources or regulatory changes.
  • Public and stakeholder interest: Key stakeholders likely include vehicle manufacturers, trucking associations, freight users, and state transportation agencies.

If you’d like, I can tailor this summary to focus on specific sections of the bill (once the full text is available) or provide a comparison with current law and potential fiscal implications.

Compiled from official sources — confirm details with the bill’s official record.

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