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Lower Prices at the Pump Act

In committee: it can still change before the session ends.

US HR 8698 · House Bill · 119th Congress

Draft a letter
Stage
In committee
Started in
House
Sponsors
3
Latest action
May 7, 2026

What it does

The Lower Prices at the Pump Act would prohibit the sale of gasoline or petroleum distillates at unconscionably excessive prices during a period beginning upon enactment and ending when the President, in consultation with congressional leaders, declares that military operations against Iran (which began in March 2026) have ceased indefinitely and the Strait of Hormuz is fully open for global shipping. The bill empowers the Federal Trade Commission to enforce this prohibition as an unfair or deceptive practice under the FTC Act, allows state attorneys general to bring civil actions on behalf of residents (with federal preemption limitations), imposes criminal fines of up to $500 million for…

No official summary is available here. This one was written by AI from the bill’s text.

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Where it stands

  1. Introduced (Done)

    May 7, 2026

  2. Committee (Current step)

    In committee · May 7, 2026

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Lower Prices at the Pump Act | 52