HR8572119th CongressWALLET

Gas Prices Relief Act of 2026

Sponsored By: Representative Harder, Josh [D-CA-9]

Introduced

Summary

Would temporarily eliminate the federal gasoline excise tax through Jan. 1, 2027. The bill would set the federal excise tax rate on gasoline to zero for gasoline removed, entered, or sold on or after enactment and before Jan. 1, 2027, and it requires Treasury to replace lost credits to the Highway Trust Fund and the Leaking Underground Storage Tank Trust Fund from the general fund.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Temporary federal gas tax cut

If enacted, you would pay no federal gasoline excise tax on gasoline removed, entered, or sold on or after the date of enactment and before January 1, 2027. The bill would direct the Secretary of the Treasury to transfer money from the general fund to the Highway Trust Fund and the Leaking Underground Storage Tank Trust Fund to replace the lost tax receipts. Those transfers would be treated as if they were the tax money normally credited to those funds, keeping them whole. The bill would say consumers should receive the price reduction right away, ask fuel sellers to lower prices accordingly, and authorize the Treasury Secretary to use applicable authorities to try to ensure sellers pass the cut to buyers.

Sponsors & CoSponsors

Sponsor

Harder, Josh [D-CA-9]

CA • D

Cosponsors

  • Schrier

    WA • D

    Sponsored 4/29/2026

  • Rep. Vindman, Eugene Simon [D-VA-7]

    VA • D

    Sponsored 5/12/2026

Roll Call Votes

No roll call votes available for this bill.

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