H.R.3768

Gas Prices Relief Act of 2025 proposes a temporary suspension of gasoline taxes to lower fuel prices for consumers.

The Gas Prices Relief Act of 2025 seeks to amend the Internal Revenue Code to implement a gasoline tax holiday. This bill sets the tax rate for gasoline at zero for transactions occurring between the date of enactment and January 1, 2026. It also mandates that the Secretary of the Treasury transfer funds from the general fund to the Highway Trust Fund and the Leaking Underground Storage Tank Trust Fund to compensate for the lost tax revenue. The bill emphasizes that the benefits of the tax reduction should be passed on to consumers, with enforcement measures in place to ensure compliance.