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To require the Administrator of the National Highway Traffic Safety Administration to initiate a process to reevaluate corporate average fuel economy standards, and for other purposes.
Summary
- Requires NHTSA to reevaluate corporate average fuel economy standards if gasoline prices rise at least 5 times faster than overall inflation over any 180-day period.
- The reevaluation process must assess whether current CAFE standards are achieving maximum feasible average fuel economy.
- Restores a $25 penalty for certain corporate average fuel economy violations that previously carried no penalty.
- Restores a $50 penalty for certain other corporate average fuel economy violations that previously carried no penalty.
- The 180-day measurement period can begin either from the bill's enactment date or from the date of the most recent CAFE standards adjustment.
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)
Actions (2)
- Jun 24, 2026 Read twice and referred to the Committee on Commerce, Science, and Transportation. · senate
- Jun 24, 2026 Introduced in Senate
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 SENATE OF THE UNITED STATES
June 24, 2026
Mr. Markey introduced the following bill; which was read twice and referred to the Committee on Commerce, Science, and Transportation
A BILL
To require the Administrator of the National Highway Traffic Safety Administration to initiate a process to reevaluate corporate average fuel economy standards, and for other purposes.
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 Money Saved Act”.
SEC. 2. REEVALUATION OF CAFE STANDARDS.
(a) Adjustment.—
(1) In general.—If the Administrator of the National Highway Traffic Safety Administration, using data published by the Bureau of Labor Statistics, determines that national average prices for gasoline have risen at least 5 times faster than overall inflation over the applicable period described in paragraph (2), the Administrator shall initiate a process to reevaluate whether the current corporate average fuel economy standards are achieving maximum feasible average fuel economy.
(2) Period described.—The applicable period referred to in paragraph (1) is—
(A) if corporate average fuel economy standards have not previously been adjusted under this subsection, any period of 180 days or longer beginning after the date of enactment of this Act; or
(B) if corporate average fuel economy standards have previously been adjusted under this subsection, any period of 180 days or longer beginning after the date of the most recent adjustment.
(b) Restoration of Penalties.—Section 32912 of title 49, United States Code, is amended—
(1) in subsection (b), in the matter preceding paragraph
(1), by striking “$0.00” and inserting “$25”; and
(2) in subsection (c)(1)(B), by striking “$0.00” and inserting “$50”. <all>
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