U.S. Congress - S.3428 Commercial Motor Vehicle Advanced Safety Technology Tax Act of 2008
S.3428 - Commercial Motor Vehicle Advanced Safety Technology Tax Act of 2008
A bill to amend the Internal Revenue Code of 1986 to provide a credit against income tax to facilitate the accelerated development and deployment of advanced safety systems for commercial motor vehicles. view all titles (2)
All Bill Titles
- Official: A bill to amend the Internal Revenue Code of 1986 to provide a credit against income tax to facilitate the accelerated development and deployment of advanced safety systems for commercial motor vehicles. as introduced.
- Short: Commercial Motor Vehicle Advanced Safety Technology Tax Act of 2008 as introduced.
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Official Summary
8/1/2008--Introduced.Commercial Motor Vehicle Advanced Safety Technology Tax Act of 2008 - Amends the Internal Revenue Code to allow a general business tax credit for 50% of the cost of placing in service any qualified commercial vehicle advanced safety system. Defines "qualified commOfficial Summary
8/1/2008--Introduced.Commercial Motor Vehicle Advanced Safety Technology Tax Act of 2008 - Amends the Internal Revenue Code to allow a general business tax credit for 50% of the cost of placing in service any qualified commercial vehicle advanced safety system. Defines "qualified commercial vehicle advanced safety system" as a manufacturer-certified brake stroke monitoring system, lane departure warning system, collision warning system, or vehicle stability system identified by the Federal Motor Carrier Safety Administration or the National Highway Traffic Safety Administration as significantly enhancing the safety or security of commercial drivers, vehicles, or passengers. Terminates such credit after 2013.
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Recent News Coverage
Senate gets safety tax credit bill
The Safety Technology Tax Credit Bill (S. 3428) focuses on four key points: providing a tax credit equal to 50% of the cost of a qualified system, ...
Recent Blog Coverage
Senate gets Safety Technology Tax Credit Bill (S. 3428) | Fleet Owner
Tax credits for a spate of trucking safety technologies will be debated when the US Senate reconvenes in the fall, courtesy of a new bill introduced by Sen. Debbie Stabenow (D-MI) and Sen. George Voinovich (R-OH) last week â one that ...
Trucks at Work Blog » Itâs safer out there
... and brake stroke monitoring systems,â he noted - one reason ATA is supporting the Safety Technology Tax Credit Bill (S. 3428) introduced at the beginning of August that focuses on providing incentives to add such systems to trucks. ...
S. 3428: Commercial Motor Vehicle Advanced Safety Technology Tax ...
A bill in the US Congress: A bill to amend the Internal Revenue Code of 1986 to provide a credit against income tax to facilitate the accelerated development and deployment of advanced safety systems for commercial motor vehicles.
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