Sen. Tom Carper led his colleagues in introducing bipartisan legislation that would reauthorize through fiscal 2024 the Diesel Emissions Reduction Act. The program, administered by the U.S. Environmental Protection Agency, relies on federal grants and rebates. The funding is used to help finance the voluntary replacement or installation of retrofits on existing heavy-duty diesel vehicles […]

The Tax Cuts and Jobs Act, signed into law last December, provided qualified pass-through businesses with a 20 percent deduction, bringing the effective tax rate for those businesses down to 29.6 percent.   The law established conditions that would have to be met for a company to qualify for the deduction, and it expressly excluded most […]