Federal Gasoline Tax Holiday Through October 2026
This bill temporarily removes the federal gas tax to lower fuel prices for drivers until October 2026. It ensures that the tax savings are passed directly to consumers at the pump.
Key points
The federal gasoline tax rate is reduced to zero until October 1, 2026.
Fuel producers and dealers must lower their prices or face financial penalties at least equal to the tax cut.
Infrastructure and storage tank funds will be replenished from the general budget to maintain current projects.
Status:
Introduced
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