Gas Prices Relief Act of 2026 suspends gasoline tax for six months.
Gas Prices Relief Act of 2026 suspends the federal tax on gasoline from the date of enactment until September 30, 2026. The bill also requires the Secretary of the Treasury to ensure that the tax reduction benefits consumers. It mandates transfers to the Highway Trust Fund and the Leaking Underground Storage Tank Trust Fund to compensate for the lost tax revenue.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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