Suspends the Federal Gas Tax Through 2026
Official: Gas Prices Relief Act of 2026
This bill creates a temporary gas tax holiday by setting the federal gasoline tax to zero from the day it is signed until January 1, 2027, and refills affected federal funds from the general Treasury.
1. Suspends the federal gasoline excise tax (currently 18.4 cents per gallon) from the day the bill is signed through the end of 2026. 2. Also waives the Leaking Underground Storage Tank Trust Fund fee on gasoline during that same period. 3. Backfills the Highway Trust Fund and the LUST Fund out of the general Treasury, so road funding is not cut. 4. Declares it the policy of Congress that fuel producers and station owners pass the savings on to consumers, not pocket them. 5. Gives the Treasury Secretary authority to use enforcement tools to ensure consumers actually see the savings at the pump.
Anyone who buys gasoline in the United States, gas stations, fuel producers, and federal road and environmental funds that normally rely on the gas tax.