Sponsors (6)
The bill reduces fuel-related costs and streamlines Treasury repayment mechanics but removes a dedicated Superfund fee, risking weaker hazardous-waste cleanup funding and potential cost shifts onto taxpayers.
Drivers and taxpayers will pay no Hazardous Substance Superfund financing fee on fuel after Dec 31, 2025, lowering fuel-related costs starting Jan 1, 2026.
The Department of the Treasury and IRS gain clearer authority to repay advances by permitting quarterly repayments from unobligated fund amounts, simplifying federal cash management for these advances.
Communities near hazardous sites and the EPA could face slower or reduced hazardous-substance cleanup because removing the fee eliminates a dedicated revenue stream for remediation.
Taxpayers could indirectly bear higher costs if cleanup is funded instead through increased appropriations or deficit financing after fee elimination.
Allowing Treasury to make quarterly draws from unobligated Fund balances to repay advances risks depleting funds available for other cleanup priorities or emergency responses.
Based on analysis of 2 sections of legislative text.
Introduced February 12, 2026 by Mike Carey · Last progress February 12, 2026
Stops application of the Hazardous Substance Superfund financing rate after December 31, 2025, and changes how a related repayment is handled by requiring quarterly draws from unobligated balances of the specified fund until the amount is repaid. The change to end the financing rate becomes effective January 1, 2026; the repayment mechanism change takes effect on the date the law is enacted.