Bill would offer temporary tax credits to truck drivers

Apr 02, 2025 at 03:27 PM CST
Citing the “driver shortage” as its motivation, a bill has been introduced that would give tax credits to truck drivers who qualify. Last week, Rep. Zach Nunn, R-Iowa, reintroduced the Strengthening Supply Chains Through Truck Driver Incentives Act. The bill would create a refundable tax credit of up to $7,500 for current truckers who drive at least 1,900 hours a year. It also would establish an enhanced tax credit of up to $10,000 for new truck drivers and individuals in trucking apprenticeship programs. The tax credit would last only two years and would be available only to those who fall under certain income thresholds. The full bill text can be found here. “Right now, we’re facing a serious shortage of truck drivers, and it’s putting pressure on Iowa families and our nation’s supply chains,” Nunn said in a news release. “We are experiencing both a recruitment and a retention problem in the trucking industry. This is a simple fix to help get more drivers behind the wheel – improving our supply chain and bringing down costs for every Iowan.”

Apr 02, 2025 at 03:27 PM CST

Citing the “driver shortage” as its motivation, a bill has been introduced that would give tax credits to truck drivers who qualify.

Last week, Rep. Zach Nunn, R-Iowa, reintroduced the Strengthening Supply Chains Through Truck Driver Incentives Act. The bill would create a refundable tax credit of up to $7,500 for current truckers who drive at least 1,900 hours a year. It also would establish an enhanced tax credit of up to $10,000 for new truck drivers and individuals in trucking apprenticeship programs.

The tax credit would last only two years and would be available only to those who fall under certain income thresholds. The full bill text can be found here.

“Right now, we’re facing a serious shortage of truck drivers, and it’s putting pressure on Iowa families and our nation’s supply chains,” Nunn said in a news release. “We are experiencing both a recruitment and a retention problem in the trucking industry. This is a simple fix to help get more drivers behind the wheel – improving our supply chain and bringing down costs for every Iowan.”