In CommitteeFiled May 12, 2026
Sponsor: Rep. Vindman, Eugene Simon [D-VA-7] (D)
Latest Action
Referred to the House Committee on Ways and Means.
May 12, 2026
Summary
The Diesel Prices Relief Act would set the federal diesel excise tax to zero for fuel sold after the law takes effect and until Jan. 1, 2027, and also suspend the related underground‑storage‑tank financing charge. It directs the Treasury to replace the lost revenue by moving equivalent amounts from the general fund into the Highway Trust Fund and the Leaking Underground Storage Tank Trust Fund. The goal is to let consumers see lower pump prices right away.
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