Sponsors (10)
The bill reduces fuel costs and creates a steadier repayment schedule in the short term, but does so by eliminating a dedicated Superfund revenue stream and increasing the risk that cleanup costs will fall on taxpayers or be delayed due to low trust fund balances.
Fuel purchasers and taxpayers would pay less per gallon because the Superfund financing rate ends after Dec 31, 2025, lowering consumer and business fuel costs.
Local governments and utilities/energy companies gain a more predictable schedule for repaying advances because unobligated LUST Trust Fund amounts would be repaid quarterly rather than under a single deadline.
Local governments, rural communities, and others could face reduced funding for hazardous substance cleanup because ending the Superfund financing rate removes a dedicated revenue stream for remediation.
Taxpayers and the federal budget could bear higher costs if removing the fee forces cleanup programs to rely on appropriations or trust fund balances, increasing federal spending or deficits.
Utilities, local governments, and cleanup programs could face fiscal uncertainty or delayed repayments because tying repayments to unobligated LUST Trust Fund balances risks shortfalls when balances are low.
Based on analysis of 2 sections of legislative text.
Ends the Hazardous Substance Superfund financing rate after Dec 31, 2025, and requires quarterly repayment of advances from unobligated Fund balances until repaid.
Ends the Hazardous Substance Superfund financing rate after December 31, 2025, by changing the Internal Revenue Code. It also revises language about repayment of advances to the Superfund so that advances must be repaid quarterly from unobligated amounts available in the Fund until repaid in full, and makes that repayment-language change effective on enactment while the financing-rate repeal takes effect January 1, 2026. The measure reduces a specific revenue-raising rate tied to the Superfund trust and changes how advances to that trust are repaid, which could lower dedicated Superfund receipts and alter how cleanup activities are funded going forward.
Introduced February 12, 2026 by John A. Barrasso · Last progress February 12, 2026