H.R. 8795

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8795 Introduced in House (IH)]

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119th CONGRESS
2d Session
H. R. 8795

To provide a fuel tax holiday.

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IN THE HOUSE OF REPRESENTATIVES

May 13, 2026

Mrs. Luna introduced the following bill; which was referred to the 
Committee on Ways and Means

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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.--
(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) of such 
Code as taxes received in the Treasury under section 
4081 of such Code which are attributable to the Leaking 
Underground Storage Tank Trust Fund financing rate 
under such section.
(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 
under such section.
(c) Benefits of Tax Reduction Should Be Passed on to Consumers.--
(1) In general.--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.
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