Input Stories

A bipartisan congressional duo has reintroduced legislation that would offer tax credits to truck drivers in an effort to shore up that workforce, according to CNBC.

What’s going on: “The Strengthening Supply Chains Through Truck Driver Incentives Act aims to combat what lawmakers said was a shortfall of about 80,000 commercial truck drivers in 2021, caused by hiring and retention challenges.”

• “Fewer certified drivers can lead to more expensive shipping and delays in receiving goods, said the offices of the bill’s sponsors, Reps. Mike Gallagher, R-Wis., and Abigail Spanberger, D-Va., in a press release Monday.”
• The bill would create a two-year tax credit of up to $7,500 for drivers with valid Class A commercial licenses who drive at least 1,900 hours per year. It also would offer a credit of up to $10,000 for new drivers and individuals in registered trucking apprenticeships.

Why it’s important: “The trucking industry struggled to retain workers during the pandemic but also saw an influx of teachers and service workers due to the steady work and competitive salaries offered. The bill aims to attract more workers to the industry and help stem shipping delays.”

The last word: “Gallagher called the proposal ‘a common sense way to recruit and retain more drivers to keep our shelves stocked and our economy moving.’”