Modern, Clean, and Safe Trucks Act of 2022

HR 8116 would repeal the 12% federal excise tax on new heavy trucks, tractors, and trailers. This tax currently adds $12,000-$22,000 to the cost of new vehicles, disproportionately affecting electric and cleaner alternative-fueled trucks. The bill directly impacts truck buyers, manufacturers, and dealers by reducing upfront costs for new heavy-duty vehicles. By removing this tax, the legislation aims to accelerate the replacement of older trucks with newer models featuring advanced safety and environmental technology.