Modern, Clean, and Safe Trucks Act Would Repeal FET
The Federal Excise Tax (FET). Everyone in the trucking industry’s favorite thing to hate. Established during World War I and kept for over one hundred years thereafter, adds a 12% fee to new trucks that goes into Uncle Sam’s pocket. Numerous attempts have been made to suspend or remove it, and the latest one as of June 2026 is the Modern, Clean, and Safe Trucks Act.
