To provide a fuel tax holiday.
[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 8795 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 8795 To provide a fuel tax holiday. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 13, 2026 Mrs. Luna introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To provide a fuel 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 ``American Families Gas Tax Relief Act''. SEC. 2. FUEL TAX HOLIDAY. (a) In General.--In the case of any gasoline (other than aviation gasoline), diesel fuel, or kerosene removed, entered, or sold on or after the date of enactment of this Act and on or before the date that is 120 days after such date of enactment-- (1) the rates of tax specified in 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 such gasoline, diesel fuel, or kerosene. The President may extend the period described in the preceding sentence by an additional 90 days if he determines in his sole discretion that economic conditions merit such extension. (b) Transfers to Trust Funds.-- (1) In general.--The Secretary of the Treasury (or the Secretary's delegate) shall transfer from the general fund of the Treasury 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.-- (
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