[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.


_______________________________________________________________________


                    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.--
                    (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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