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HR 8572
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Gas Prices Relief Act of 2026

To provide a gasoline tax holiday.

Introduced Apr 29, 2026

Latest action (Apr 29, 2026) Referred to the House Committee on Ways and Means.

Referred to
Ways and Means Committee
Policy area
Taxation
Issues
Economy & Taxes

Summary

This bill establishes a gasoline tax holiday from the date of enactment through December 31, 2026, eliminating the federal excise tax on gasoline and the Leaking Underground Storage Tank Trust Fund financing rate during that period. To offset the lost tax revenue, the bill requires the Treasury Department to transfer funds from the general Treasury to the Highway Trust Fund and the Leaking Underground Storage Tank Trust Fund equal to the amount of tax revenue foregone. The bill expresses that Congress intends for consumers to receive the benefit of the tax reduction through lower gasoline prices and authorizes the Treasury Secretary to take actions to ensure gasoline producers and dealers pass the savings to consumers. The measure is designed to reduce the cost of gasoline for consumers during 2026.

AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.

Sponsor (1)
2 cosponsors

Money behind the sponsor

Top reported contributors to Josh Harder’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.

  • GOOGLE $34,620
  • BESSEMER VENTURE PARTNERS $28,100
  • STANFORD UNIVERSITY $25,550
  • BOSTON CONSULTING GROUP $19,800
  • COOLEY LLP $16,200

Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Josh Harder → · Outside spending →

Actions (2)
  1. Apr 29, 2026 Referred to the House Committee on Ways and Means. · house
  2. Apr 29, 2026 Introduced in House

Similar bills (6)

Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.

  • HR 7919 — Gas Prices Relief Act of 2026 · Introduced Mar 12, 2026 · Cong. 119 91%
  • S 4032 — Gas Prices Relief Act of 2026 · Introduced Mar 9, 2026 · Cong. 119 89%
  • HR 8772 — Diesel Prices Relief Act of 2026 · Introduced May 12, 2026 · Cong. 119 87%
  • HR 8600 — To amend the Internal Revenue Code of 1986 to temporarily suspend certain fuel excise taxes for fuel separated during periods in which the national average price of gasoline exceeds $3.99 per gallon, and to prohibit certain credits or deductions for oil and gas companies during such periods. · Introduced Apr 30, 2026 · Cong. 119 85%
  • S 4485 — Gas Tax Suspension Act · Introduced May 11, 2026 · Cong. 119 83%
  • HR 8753 — Gas Tax Relief Act · Introduced May 12, 2026 · Cong. 119 82%

Full text

IN THE HOUSE OF REPRESENTATIVES

April 29, 2026

Mr. Harder of California (for himself and Ms. Schrier) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To provide a gasoline tax holiday.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the “Gas Prices Relief Act of 2026”.

SEC. 2. 2026 GASOLINE TAX HOLIDAY.

(a) In General.—In the case of gasoline removed, entered, or sold on or after the date of the enactment of this Act and before January 1, 2027—

(1) the rate of tax under section 4081(a)(2)(A)(i) of the Internal Revenue Code of 1986 shall be zero, and

(2) the Leaking Underground Storage Tank Trust Fund financing rate under section 4081(a)(2) of such Code shall not apply to gasoline to which the rate under paragraph (1) applies.

(b) Transfers to Trust Fund.—

(1) In general.—The Secretary of the Treasury (or the Secretary’s delegate) shall transfer from the general fund to the Highway Trust Fund established under section 9503(a) of the Internal Revenue Code of 1986 and the Leaking Underground Storage Tank Trust Fund established under section 9508(a) of such Code amounts equal to the reduction in amounts credited (but for this subsection) to each such Trust Fund by reason of subsection (a).

(2) Coordination rules.—

(A) Leaking underground storage tank trust fund.— Amounts transferred to the Leaking Underground Storage Tank Trust Fund under paragraph (1) shall be treated for purposes of sections 9503(b)(1) and 9508(b)(2) of such Code as taxes received in the Treasury under section 4081 of such Code attributable to the Leaking Underground Storage Tank Trust Fund financing rate.

(B) Highway trust fund.—Amounts transferred to the Highway Trust Fund under paragraph (1) shall be treated for purposes of section 9503(b)(1) of such Code as taxes received in the Treasury under section 4081 of such Code which are not attributable to the Leaking Underground Storage Tank Trust Fund financing rate.

(c) Benefits of Tax Reduction Should Be Passed on to Consumers.—

(1) It is the policy of Congress that—

(A) consumers immediately receive the benefit of the reduction in taxes resulting from the application of subsection (a), and

(B) transportation motor fuels producers and other dealers take such actions as necessary to reduce transportation motor fuels prices to reflect such reduction.

(2) Enforcement.—The Secretary of the Treasury (or the Secretary’s delegate) may use all applicable authorities to ensure that the benefit of the reduction in taxes resulting from the application of subsection (a) is received by consumers. <all>

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