In The News
Idle-reduction systems get tax break
The $700 billion financial rescue plan signed by President Bush
contains a tax exemption for idle-reduction systems, such as auxiliary
power units and cab insulation.
The exemption relieves buyers from the heavy truck tax on devices or
systems "designed to provide ... services (such as heat, air
conditioning, or electricity) that would otherwise require the
operation of the main drive engine" while the truck is parked.
To be eligible for the exemption, the device will have to be approved
by the Environmental Protection Agency, in consultation with the
Departments of Energy and Transportation. Insulation would have to have
an R value of at least R35 per inch.
The exemption became effective Oct. 3 when Bush signed the Emergency
Economic Stabilization Act of 2008. It had been passed by the House
earlier this year but was stalled in the Senate until it was attached
to the rescue bill.