House Lawmakers Introduce Bill to Establish Tax Credit for Truck Drivers

A pair of U.S. House lawmakers recently introduced legislation to help address the current truck driver shortage in the United States. In 2021, American trucking companies experienced a record deficit of approximately 80,000 drivers due to hiring and retention challenges. The bipartisan Strengthening Supply Chains Through Truck Driver Incentives Act would create a two-year refundable tax credit of up to $7,500 for truck drivers holding a valid Class A commercial driver’s license who drive at least 1,900 hours in the year. The legislation would also create a refundable tax credit of up to $10,000 for new truck drivers or individuals enrolled in a registered trucking apprenticeship. Virginia Democrat Abigail Spanberger and Wisconsin Republican Mike Gallagher introduced the legislation Friday. Spanberger says the legislation would “encourage more young people to hop in the driver’s seat, reduce headaches for trucking businesses, and make sure experienced drivers are rewarded for their hard work.”

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