HR 8753 Re-checks Congress.gov for new actions and updates the bill's status, and fills in any sponsors, committees, or related bills that are missing. It does not re-pull sponsors/cosponsors/committees/related — those rarely change — and it skips all work if nothing has changed upstream, so it's cheap to click.
To amend the Internal Revenue Code of 1986 to provide a tax holiday for gasoline and diesel fuel.
Summary
This bill would temporarily eliminate the federal excise taxes on gasoline and diesel fuel for up to 90 days after enactment, with potential extension to 215 days if the President determines economic conditions warrant it. The bill also allows the President to phase in the reinstatement of these taxes gradually. Since removing these taxes would reduce revenue normally collected for the Highway Trust Fund and the Leaking Underground Storage Tank Trust Fund, the Treasury would be required to transfer money from the general fund to these trust funds to offset the lost tax revenue. The tax holiday would apply to fuel that is removed, entered, or sold during the specified period.
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
Actions (2)
- May 12, 2026 Referred to the House Committee on Ways and Means. · house
- May 12, 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.
Full text
IN THE HOUSE OF REPRESENTATIVES
May 12, 2026
Ms. Malliotakis (for herself and Mr. Miller of Ohio) introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to provide a tax holiday for gasoline and diesel fuel.
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 Tax Relief Act”.
SEC. 2. 2026 TAX HOLIDAY FOR TAXABLE FUELS.
(a) In General.—In the case of taxable fuel (as defined in section 4083(a)(1) of the Internal Revenue Code of 1986) removed, entered, or sold on or after the date of the enactment of this Act and before the applicable date—
(1) the rate of tax under clauses (i) and (iii) of section 4081(a)(2)(A) 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)(B) of such Code shall not apply to taxable fuel to which the rate under paragraph (1) applies.
(b) Transfers to Trust Fund.—
(1) In general.—The Secretary of the Treasury 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) Applicable Date.—For purposes of this section, the term “applicable date” means—
(1) the date which is 90 days after the date of enactment of this Act,
(2) if the President determines, in the President’s sole discretion, that economic conditions merit an additional suspension of the tax on taxable fuels described in subsection
(a), the date that is 215 days after the date of enactment of this Act, and
(3) if the President determines that a phased-in reimplementation of the tax on taxable fuels described in subsection (a) is appropriate, the President may provide for such phased-in reimplementation through incremental restoration of the rates otherwise applicable under section 4081 beginning on the date that is 90 days after the date of enactment of this Act. <all>
Comments