H.R. 2391: Strengthening Supply Chains Through Truck Driver Incentives Act of 2025

This bill, titled the Strengthening Supply Chains Through Truck Driver Incentives Act of 2025, aims to provide a financial incentive to commercial truck drivers through a refundable tax credit. Here is a breakdown of its main provisions:

Overview of the Tax Credit

The bill amends the Internal Revenue Code to create a new tax credit specifically for commercial truck drivers. The key elements of the credit are as follows:

• Amount of the Credit: Eligible individuals can receive a tax credit of $7,500 for the taxable year.
• Increased Credit for New Drivers: New truck drivers, defined as those who did not drive a commercial truck in the previous taxable year, can receive an increased credit of $10,000.

Eligibility Criteria

To qualify for this tax credit, individuals must meet the following criteria:

• Commercial Driver’s License: Hold a valid Class A commercial driver’s license and operate a qualifying tractor-trailer.
• Income Limits: The individual’s adjusted gross income must not exceed:
  • $135,000 for joint returns or surviving spouses
  • $112,500 for heads of household
  • $90,000 for all other individuals
• Driving Hours: Must have driven the qualifying vehicle for:
  • At least 1,900 hours in the taxable year, or
  • An average of 40 hours per week if they are a new driver who did not drive in the previous year.

Apprenticeship and Training Provisions

There are special provisions for individuals enrolled in registered apprenticeship programs:

• Apprentices do not have to hold a Class A commercial driver’s license to count their training hours as driving hours for the credit.

Provisions for Drivers with Limited Experience

If an eligible taxpayer drives a commercial truck for less than 1,420 hours during the taxable year, their credit will be prorated based on the number of hours they did drive compared to 1,420 hours.

Inflation Adjustment

Starting with tax years after 2025, the dollar amounts specified for the credit will be adjusted for inflation based on cost-of-living adjustments.

Termination Date

The provisions of this tax credit will not apply to any taxable year ending after December 31, 2026.

Effective Date

The changes outlined in this bill will apply starting from taxable years that end on or after December 31, 2025.

Relevant Companies

• KNX (Knight-Swift Transportation Holdings Inc.): This company, a significant player in freight transportation, may see an increase in driver applications due to the incentives offered under this bill.
• ODFL (Old Dominion Freight Line Inc.): As a major freight carrier, Old Dominion may benefit from a larger pool of qualified truck drivers resulting from this tax credit.
• XPO (XPO Logistics Inc.): XPO could experience operational advantages and increased driver recruitment, potentially enhancing their logistics capacity due to the incentives.