image of heavy truck, idling

'Bailout' Plan Includes Heavy Truck Tax Break for Idle-Reduction Devices

The recent $700 billion financial rescue plan not only bailed out financial institutions it also amended the Internal Revenue Code to give tax exclusions for idling reduction devices and advanced insulation, effective Oct. 3, 2008. According to the new law, heavy truck purchasers will not be required to pay the heavy truck tax on:

  • Any device or system of devices designed to provide to a vehicle those services (such as heat, air conditioning, or electricity) that would otherwise require the operation of the main drive engine while the vehicle is temporarily parked or remains stationary using one or more devices affixed to a tractor; and
  • Any insulation that has an R value of not less than R35 per inch.

However, for idling reduction devices to qualify for the tax break, they must be determined by EPA in consultation with the Department of Energy and DOT to reduce idling of such vehicles at a motor vehicle rest stop or other location where such vehicles are temporarily parked or remain stationary. To read the rule, search for "HR 1424" at thomas.loc.gov, and look for Section 206, "Exclusion from Heavy Truck Tax for Idling Reduction Units and Advanced Insulation."

Download Center

HTML - No Current Item Deck
  • Free Safety Management Software Demo

    IndustrySafe Safety Management Software helps organizations to improve safety by providing a comprehensive toolset of software modules to help businesses identify trouble spots; reduce claims, lost days, OSHA fines; and more.

  • The Top 5 Safety and Technology Trends to Watch in 2019

    Get the latest on trends you can expect to hear more about in 2019, including continued growth of mobile safety applications, wearable technology, and smart PPE; autonomous vehicles; pending OSHA recordkeeping rulemaking; and increased adoption of international safety standard, ISO 45001.

  • Get the Ultimate Guide to OSHA Recordkeeping

    OSHA’s Form 300A posting deadline is February 1! Are you prepared? To help answer your key recordkeeping questions, IndustrySafe put together this guide with critical compliance information.

  • Safety Training 101

    When it comes to safety training, no matter the industry, there are always questions regarding requirements and certifications. We’ve put together a guide on key safety training topics, requirements for certifications, and answers to common training questions.

  • Conduct EHS Inspections and Audits

    Record and manage your organization’s inspection data with IndustrySafe’s Inspections module. IndustrySafe’s pre-built forms and checklists may be used as is, or can be customized to better suit the needs of your organization.

  • Industry Safe

OH&S Digital Edition

  • OHS Magazine Digital Edition - January 2019

    January 2019

    Featuring:

    • PREVENTING ERRORS
      Production vs. Safety 
    • EMERGENCY SHOWERS & EYEWASH
      Meeting the Requirements for Emergency Equipment
    • CONSTRUCTION SAFETY
      The State of Contractor Safety
    • FOOT PROTECTION
      The Three Keys to Effective Chemical Management
    View This Issue