A bill to repeal the increase in use taxes on heavy trucks and the retail taxes on heavy trucks and trailers, to restore the taxes on the manufacturers of trucks, trailers, tires, and tubes, to repeal certain provisions of the Internal Revenue Code of 1954 relating to the reporting of tips in the case of certain food and beverage establishments, and for other purposes.

Amends the Highway Revenue Act of 1982 to repeal the increase in the heavy truck highway use tax. Repeals the retail tax on the sale of heavy trucks and trailers.

Restores the manufacturers excise tax on trucks and trailers. Excludes from such tax light duty (10,000 pounds or less) trucks and trailers.

Repeals the increase in the excise tax on heavy truck tires. Restores such tax to previous levels. Imposes a floor stock tax on motor vehicles and tires. Allows a refund of the floor stock tax paid on tires and tubes.

Amends the Internal Revenue Code to repeal certain provisions relating to the reporting of tips in the case of certain food and beverage establishments.