ATD Supports Proposal to Eliminate the Federal Excise Tax (FET) on Heavy-Duty Trucks
ATD supports H.R. 4321 a bipartisan bill introduced by Reps. Jim Gerlach (R-PA) and Earl Blumenauer (D-OR) to replace the 12% Federal Excise Tax (FET) on heavy-duty trucks with a $0.063 per gallon increase in the diesel fuel tax. In addition to providing an immediate discount on the price of new heavy-duty trucks, ATD believes the bill could increase jobs, promote a cleaner environment, and stabilize revenues into the Highway Trust Fund. Members of Congress are urged cosponsor H.R. 4321.
• Download the ATD Issue Sheet
• Read the industry letter in support of H.R. 4321
Heavy Duty Truck Fuel Economy
New truck fuel economy standards from NHTSA and EPA were finalized in 2011. NADA/ATD is opposed to EPA regulating truck fuel economy, as Congress never explicitly authorized EPA to do so and the agency does not adequately consider cost to consumers, loss of jobs, or highway safety when setting a standard. NADA/ATD supports the Austria-Carter amendment to the FY 2013 Interior-EPA Appropriations bill, which would reestablish a single national fuel economy standard for medium and heavy duty trucks after the current proposed rulemaking expires. Returning to a single national fuel economy standard would ensure that consumer demand and jobs are protected when setting a fuel economy standard. Members of Congress should support the Austria-Carter amendment.
• Download the ATD Fuel Economy Issue Sheet
ATD Supports Permanent Estate Tax Reform
The estate tax for 2012 is set at a 35 percent rate at a $5 million per spouse exemption. However, current law only provides these levels through Dec. 31, 2012. On January 1, 2013 the estate tax automatically reverts to a 55 percent rate and a $1 million exemption. Members of Congress should support permanent estate tax reform at a 35 percent rate and a $5 million exemption and preserve the “stepped-up basis” and other estate planning provisions that help small businesses.
• Download the ATD Estate Tax Issue Sheet
Truck Dealers Host Members of Congress
ATD has initiated a grassroots program for dealers to meet with Members of Congress at their dealerships to educate them on the impact of the laws they pass have on truck dealerships. These visits are a great opportunity for dealers to explain to their Member of Congress or Senator the effect tax increases or more regulation has on employment and sales. Dozens of dealers across the country have already hosted numerouselected officials at their dealerships.
• View photos of congressional visits on Flickr
If you are interested in hosting your Member of Congress, please contact ATD Legislative Affairs at (202) 547-5500 or email firstname.lastname@example.org.
Other Priority Issues
To view NADA’s other legislative priorities, please click here.