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Federal gasoline tax suspension through October 2026

This bill introduces a temporary tax holiday by removing the federal tax on gasoline to lower fuel prices for consumers. The suspension lasts until October 1, 2026, and includes measures to ensure savings are passed directly to drivers.
Key points
The federal gasoline tax rate is reduced to zero until October 1, 2026.
Fuel producers and dealers are required to lower prices to reflect the tax cut.
Monetary penalties will be imposed on businesses that fail to pass the savings to consumers.
The Highway Trust Fund will be reimbursed from general government funds to maintain infrastructure spending.
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Status:
Introduced
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Additional Information
Gas Prices Relief Act of 2026
Print number: HR 7919
Sponsor: Rep. Pappas, Chris [D-NH-1]
Process start date: 2026-03-12