Sponsor
Anna Luna
Representative · R-FL
Representative · R-FL
The bill offers short-term relief at the pump and preserves highway and environmental cleanup funding by shifting excise-tax losses to the general fund, trading temporary consumer savings for increased federal budget costs, potential uneven retail pass-through, and administrative burdens.
Drivers, households, and businesses pay less at the pump for 120 days because the federal excise tax on gasoline, diesel, and kerosene is suspended, providing short-term relief on transportation and goods costs.
Transportation workers and communities that rely on federal highway funding see federal transportation financing preserved because the Treasury must transfer amounts equal to lost excise tax receipts to the Highway Trust Fund.
Rural communities and small businesses benefit from continued funding for leaking underground storage tank (LUST) cleanup because the Treasury must transfer amounts equal to the suspended LUST financing rate to the LUST Trust Fund.
All taxpayers bear the bill because Treasury transfers from the general fund to replace lost excise revenue, increasing federal borrowing or forcing cuts/diversions in other spending.
Drivers and households may not see promised savings if fuel dealers do not pass the tax reduction through to retail prices.
Consumers and businesses get only temporary relief (120 days), which limits long-term benefit and risks future price volatility or budgeting complications when the tax resumes.
Based on analysis of 2 sections of legislative text.
Suspends federal excise taxes on gasoline (excl. aviation), diesel, and kerosene for 120 days and requires Treasury to replace lost Highway Trust Fund and LUST Trust Fund receipts from the general fund.
Suspends the federal excise taxes on gasoline (excluding aviation gasoline), diesel fuel, and kerosene for 120 days after enactment and directs the Treasury to replace the lost receipts by transferring equal amounts from the general fund to the Highway Trust Fund and the Leaking Underground Storage Tank (LUST) Trust Fund. The measure treats those transfers as equivalent to the suspended excise receipts for trust‑fund accounting and includes a congressional policy statement urging that tax savings be passed to consumers and authorizes the Secretary of the Treasury to use available authorities to help ensure consumers receive the benefit.
Official title: To provide a fuel tax holiday.
Introduced May 13, 2026 by Anna Luna · Last progress May 13, 2026