Bendix supports tax credits for highway safety technologies

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Updated Jun 29, 2011

Bendix Commercial Vehicle Systems on Tuesday, June 28, announced its support of proposed legislation that would provide tax incentives for the implementation of commercial vehicle safety technologies. The Commercial Motor Vehicle Advanced Safety Technology Act of 2011 (S. 1233 and H.R. 1706) would provide a tax credit equal to 50 percent of the cost of any qualified commercial vehicle safety system that is placed into service during the tax year.

The bills recognize brake stroke monitoring systems, lane departure warning systems, collision warning/mitigation systems and vehicle stability systems as technologies that have the potential to improve overall highway safety. Bendix, which manufactures technologies that fall into some of these categories, says that offering tax incentives to fleets and owner-operators that use one or more of the active safety technologies included in the bills could help drivers improve highway safety and potentially mitigate accidents.

According to Bendix, using these safety technologies may be especially important for fleets, owner-operators and drivers under the Compliance Safety Accountability safety enforcement regime. “The Commercial Motor Vehicle Advanced Safety Technology Act of 2011 will help make critical active safety technologies even more accessible for today’s safety-conscious fleets and owner-operators,” says Fred Andersky, Bendix director of government relations.

Andersky says Bendix has long been committed to developing technologies designed to help drivers improve highway safety, while also delivering cost-effective solutions to help make the nation’s roadways safer. “We fully support this legislation and the legislators who are working to make these safety technologies even more affordable,” he says.

H.R. 1706 was sponsored by Congressmen Geoff Davis (R-Ky.) and Michael Thompson (D-Calif.). It currently is co-sponsored by Reps. Peter DeFazio (D-Ore.), David Dreier (R-Calif.), Michael Michaud (D-Maine), Gary Peters (D-Mich.), Sue Myrick (R-N.C.) and Heath Shuler (D-N.C.). S. 1233 was sponsored by Sen. Debbie Anne Stabenow (D-Mich.).