118th Congress · HOUSE BILLBILL

H.R. 2450 — Strengthening Supply Chains Through Truck Driver Incentives Act of 2023

“To amend the Internal Revenue Code of 1986 to establish a refundable tax credit for commercial truck drivers.”

Taxation

Introduced Mar 30, 2023

Last action Mar 30, 2023

Pipeline · Bill → Law

Step 1

Introduced

Mar 30, 2023

Step 2

Referred

Mar 30, 2023

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill allows certain licensed commercial truck drivers a $7,500 tax credit in a taxable year. The adjusted gross income of such drivers may not exceed $90,000 ($135,000 in the case of a joint tax return and $112,500 for heads of household). Such drivers must have driven a truck in a trade or business for a specified number of hours in a taxable year. The credit expires after December 31, 2024.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Mar 30, 2023

Introduced in House

Mar 30, 2023

Referred to the House Committee on Ways and Means.