H.R. 2424 aims to change the Internal Revenue Code by removing the excise tax on heavy trucks and trailers. This tax, which is 12% of the cost, makes new trucks and trailers more expensive and discourages replacing older models with more environmentally friendly and safer...
Simple Explanation
H.R. 2424 is a proposal to stop charging an extra cost on new big trucks and trailers, making them cheaper, so people are more likely to buy newer and safer ones. However, this might mean there’s less money to fix roads unless they find a new way to pay for it.