The U.S. House passed the "One Big Beautiful Bill" tax reform package on July 3, giving truckers and small fleet owners some tax stability for the years ahead.

Why it matters: The new law extends tax breaks from the 2017 Tax Cuts and Jobs Act and lets motor carriers—most with 10 trucks or fewer—plan for equipment upgrades and jobs. ATA President Chris Spear said, "Today's vote provides much-needed certainty for the trucking industry—the backbone of our economy—to grow and thrive."

• The bill keeps tax cuts on estates and individual income, and it ends taxes on overtime pay for most blue-collar workers.
• But there’s a catch: truckers won’t see savings on overtime pay, since they’re still left out of overtime protections from the old Fair Labor Standards Act.
• Industry leaders are calling for Congress to fix this with the GOT Truckers Act, which would include truckers in future overtime and the related tax relief.

Between the lines: While the law helps small and midsize trucking businesses prepare for the future, drivers are left waiting on real overtime changes.

What’s next: Industry groups, including OOIDA, are still pushing lawmakers to finish the job and give truckers equal overtime rights with tax relief, according to American Trucking Associations.