To provide a diesel fuel tax holiday.
[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 8772 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 8772 To provide a diesel fuel tax holiday. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 12, 2026 Mr. Vindman (for himself and Mr. Davis of North Carolina) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To provide a diesel 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 ``Diesel Prices Relief Act of 2026''. SEC. 2. 2026 DIESEL FUEL TAX HOLIDAY. (a) In General.--In the case of diesel fuel 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)(iii) of the Internal Revenue Code of 1986 shall be zero with respect to diesel fuel (other than kerosene), and (2) the Leaking Underground Storage Tank Trust Fund financing rate under section 4081(a)(2)(B) of such Code shall not apply to diesel fuel 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)
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