In CommitteeFiled May 11, 2026
Sponsor: Sen. Hawley, Josh [R-MO] (R)
Latest Action
Read twice and referred to the Committee on Finance.
May 11, 2026
Summary
The Gas Tax Suspension Act would set the federal fuel tax to zero for gasoline and diesel sold after the law takes effect. The holiday would last 90 days, or 180 days if the President decides economic conditions justify a longer pause, and the Treasury would replace the lost revenue by moving money from the general fund to the Highway and Leaking Underground Storage Tank trust funds. The goal is to lower fuel costs for drivers and businesses that purchase fuel.
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