Gas Prices Relief Act of 2026

Summary

The Gas Prices Relief Act of 2026 would set the federal gasoline excise tax to zero for fuel sold after the law takes effect until October 1, 2026. The Treasury would offset the lost revenue by transferring equivalent amounts to the Highway Trust Fund and the Leaking Underground Storage Tank Trust Fund. The bill also requires fuel producers and retailers to pass the tax savings on to consumers, with penalties for non‑compliance.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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