A Republican bill with 1 Republican cosponsor · See the cosponsor
Last activity — Read twice and referred to the Committee on Finance.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill, known as the "Gas Tax Suspension Act," aims to amend the Internal Revenue Code of 1986. It seeks to implement a tax holiday for gasoline and diesel fuel. Under this act, the tax rate for specific taxable fuels would be reduced to zero. This suspension would begin upon the act's enactment and last until a specific applicable date. The President has the discretion to extend this period from 90 days up to 180 days based on economic conditions.
Yes· 3 of 9
- Scored +6
Would people in rural areas be better off under this?
Rural residents often face higher transportation costs and stand to benefit significantly from lower fuel prices.
- Scored +6
Is this likely to lower the price at the pump?
The bill directly reduces the tax burden on fuel, which lowers the price of gasoline and diesel at the pump.
- Scored +5
Would households on low incomes be better off under this?
Reducing gas taxes provides immediate financial relief to households with lower disposable incomes.
The opposite
- Scored -3
Does this repair or build roads and bridges?
The bill reduces the revenue flowing into the Highway Trust Fund used for infrastructure projects.
- Scored -2
Does this reduce what the federal government spends?
The bill reduces government revenue by suspending fuel taxes for a period of 90 to 180 days.
- Scored -2
Does this reduce how much oil, gas and coal is produced?
Lowering the price of fuel through tax suspension may indirectly encourage higher consumption of fossil fuels.
Who it would affect, and how
Potential Positive Impacts for People
-
Zero Tax Rate on Fuel: The bill would set the rate of tax for specific taxable fuels to zero, which provides a tax holiday for gasoline and diesel (Section 2(a)(1)).
-
Suspension of Trust Fund Rates: The Leaking Underground Storage Tank Trust Fund financing rate would not apply to the taxable fuel covered by this act (Section 2(a)(2)).
-
Potential Extension Based on Economy: The President has the sole discretion to extend the tax suspension from 90 days to 180 days if economic conditions merit it (Section 2(c)).
Potential Negative Impacts for People
- Limited Duration of Benefits: The tax holiday is scheduled to expire 90 days after the date of enactment, unless the President decides to extend it (Section 2(c)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would people in rural areas be better off under this? — Rural residents often face higher transportation costs and stand to benefit significantly from lower fuel prices. Would farmers be better off under this? — The bill lowers the cost of diesel, which is a critical input for agricultural operations. Would households on low incomes be better off under this? — Reducing gas taxes provides immediate financial relief to households with lower disposable incomes. Would middle-income households be better off under this? — The reduction in fuel taxes increases the disposable income of middle-class families. Would business owners be better off under this? — Lower fuel costs reduce transportation and operational expenses for businesses. Would people in their twenties and thirties be better off under this? — Lower fuel costs provide relief to younger demographics who may spend a higher percentage of income on transportation.
- Economy And Finance
- Does this cut taxes for middle-income families? — The bill eliminates federal excise taxes on gasoline and diesel, providing direct relief to middle-income consumers. Is this likely to grow the economy? — Reducing fuel costs can increase consumer purchasing power and support economic activity. Does this reduce what the federal government spends? — The bill reduces government revenue by suspending fuel taxes for a period of 90 to 180 days.
- Environment Energy And Infrastructure
- Is this likely to lower the price at the pump? — The bill directly reduces the tax burden on fuel, which lowers the price of gasoline and diesel at the pump. Does this repair or build roads and bridges? — The bill reduces the revenue flowing into the Highway Trust Fund used for infrastructure projects. Does this reduce how much oil, gas and coal is produced? — Lowering the price of fuel through tax suspension may indirectly encourage higher consumption of fossil fuels.
- 5/14/2026
- 1 Cosponsor added.
- 5/11/2026
- Read twice and referred to the Committee on Finance.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Ashley MoodyRepublican · Florida