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End of Superfund Tax: Lower Gas Prices for Drivers

This bill aims to eliminate a special fuel tax that funded the Hazardous Substance Superfund. This means that starting January 1, 2023, drivers may pay less for fuel as this additional cost will be removed from the price.
Key points
Superfund tax termination: As of January 1, 2023, the tax for the hazardous substance cleanup fund will no longer be collected, potentially lowering fuel prices.
Impact on fuel prices: Removing this tax is intended to reduce costs for consumers, which could lead to lower prices at gas stations.
Funding change: The Superfund will no longer be financed by this specific tax, altering its funding mechanism.
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Expired
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Additional Information
Print number: 118_HR_3678
Sponsor: Rep. Carey, Mike [R-OH-15]
Process start date: 2023-05-25