H.R. 10392
Pauses certain federal fuel taxes until end of 2026
Sets certain federal fuel taxes to zero from the day the law passes until December 31, 2026, and says sellers should lower prices by the same amount.
- Certain federal fuel taxes would be zero from the law's date through Dec. 31, 2026
- Congress says sellers should pass the full tax cut on to buyers right away
- Sellers who don't cut prices could owe penalties of at least the tax cut amount
- The Treasury Secretary would use existing powers to make sure buyers get the savings
In committee