In CommitteeFiled Feb 12, 2026
Sponsor: Sen. Barrasso, John [R-WY] (R)
Latest Action
Read twice and referred to the Committee on Finance. (text: CR S611)
Feb 12, 2026
Summary
The Pay Less at the Pump Act of 2026 amends the Internal Revenue Code to stop applying the Hazardous Substance Superfund financing rate after Dec. 31, 2025. It also changes the authority for advances from the Superfund, allowing quarterly advances from unobligated amounts until fully repaid. The changes take effect on Jan. 1, 2026 (rate termination) and on the date the law is enacted (advance provisions).
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get real-time alerts when S 3863 changes status, plus AI-powered summaries and stage predictions.
Sign up free