The bipartisan Strengthening Supply Chains Through Truck Driver Incentives Act would provide a short-term, fast, and straightforward incentive to attract and retain new drivers. Specifically, the Gallagher-Spanberger bill 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 (CDL) who drive at least 1,900 hours in the year.
The bill, if passed, would create a $7,500 tax credit for certain truck drivers for two years, as well as a tax credit up to $10,000 for certain new truckers. Also: Another parts shop opens in Indiana.