Gas Prices Relief Act of 2026
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 2
- Latest action
- Mar 9, 2026
What it does
The Gas Prices Relief Act of 2026 would temporarily suspend the federal gasoline tax and the Leaking Underground Storage Tank Trust Fund financing rate on gasoline sold or entered into commerce from the date of enactment through September 30, 2026. To offset lost revenue, the bill requires the Treasury to transfer equivalent amounts from the general fund to the Highway Trust Fund and the Leaking Underground Storage Tank Trust Fund, treating those transfers as if they were tax revenues. The bill also declares that consumers should immediately benefit from the tax reduction, mandates that fuel producers and dealers lower prices accordingly, and authorizes monetary penalties for those who fail…
AI summary · The lawmakers haven’t published an official summary of this bill yet, so 52 wrote this one from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money.