HR2450-118

Introduced

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

118th Congress Introduced Mar 30, 2023

Summary

What This Bill Does

The bill creates credit for commercial truck drivers The Internal Revenue Code of 1986 is amended by inserting after section 36B the following new section: In the case of an eligible individual, there shall be allowed as a and creates credit for commercial truck drivers In the case of an eligible individual, there shall be allowed as a credit against the tax imposed by this subtitle an amount equal to $7,500 for the taxable year. It relies on definition changes, tax credits, compliance mandates, and exemptions. The main policy areas are Transportation, Finance, and Housing.

Who Benefits and How

Transportation operators and users affected by the bill could face lower compliance burdens, Homeowners, tenants, or housing market participants affected by the bill could face lower compliance burdens, and Businesses and employers affected by the bill could face lower compliance burdens.

Who Bears the Burden and How

Federal, state, or local agencies responsible for implementing the clause would take on compliance duties.

Key Provisions

  • Creates credit for commercial truck drivers The Internal Revenue Code of 1986 is amended by inserting after section 36B the following new section: In the case of an eligible individual, there shall be allowed as a...
  • Creates credit for commercial truck drivers In the case of an eligible individual, there shall be allowed as a credit against the tax imposed by this subtitle an amount equal to $7,500 for the taxable year.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill creates credit for commercial truck drivers The Internal Revenue Code of 1986 is amended by inserting after section 36B the following new section: In the case of an eligible individual, there shall be allowed as a and creates credit for commercial truck drivers In the case of an eligible individual, there shall be allowed as a credit against the tax imposed by this subtitle an amount equal to $7,500 for the taxable year.

Key Policy Areas

Transportation, Finance, Housing

Primary Purpose

The bill creates credit for commercial truck drivers The Internal Revenue Code of 1986 is amended by inserting after section 36B the following new section: In the case of an eligible individual, there shall be allowed as a and creates credit for commercial truck drivers In the case of an eligible individual, there shall be allowed as a credit against the tax imposed by this subtitle an amount equal to $7,500 for the taxable year.

Policy Domains

Transportation Finance Housing

Whole bill

Identified Gains
  • Transportation operators and users affected by the bill
  • Homeowners, tenants, or housing market participants affected by the bill
  • Businesses and employers affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Businesses and employers affected by the bill: ,
Transportation operators and users affected by the bill: ,
Homeowners, tenants, or housing market participants affected by the bill: ,
Identified Costs
  • Federal, state, or local agencies responsible for implementing the clause
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Federal, state, or local agencies responsible for implementing the clause: ,

Legislative Progress

Introduced
Introduced Committee Passed
Mar 30, 2023

Ms. Spanberger (for herself and Mr. Gallagher) introduced the following …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Transportation Finance Housing

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology