American Families Gas Tax Relief Act

Bill Number: H.R. 8795
Origin Chamber: House
Congress: 119th Congress, Session 2
Policy Area: Taxation
Status: Introduced
Latest Action: 2026-05-13: Referred to the House Committee on Ways and Means.
Last Updated: 2026-06-01T22:55:58Z

AI-Generated Summary

This legislation aims to temporarily suspend federal fuel taxes on certain motor fuels to provide relief to consumers amid economic conditions.

Tax Suspension Period: Sets the federal excise tax rates on gasoline (excluding aviation gasoline), diesel fuel, and kerosene to zero for 120 days after enactment, with the President authorized to extend this period by up to 90 additional days based on economic conditions.
Trust Fund Adjustments: Requires the Treasury Secretary to transfer equivalent amounts from the general fund to the Highway Trust Fund and the Leaking Underground Storage Tank Trust Fund to offset revenue losses from the tax suspension.
Consumer Benefit Mandate: Establishes a policy that the tax reduction must be passed on to consumers through lower fuel prices, with the Treasury Secretary empowered to use available authorities to enforce compliance.

Temporarily overrides the tax rates specified in Internal Revenue Code sections 4081(a)(2)(A) and 4081(a)(2)(B) for the designated period, effectively creating a short-term fuel tax holiday.
Introduces a mechanism for inter-fund transfers from the general Treasury to maintain funding levels for highway and environmental trust funds without altering their underlying statutory structures.

Government Agencies: Reduces revenue collections for the Highway Trust Fund and Leaking Underground Storage Tank Trust Fund, offset by general fund transfers; may require administrative coordination by the Treasury Department for enforcement and transfers.
Citizens: Aims to lower fuel prices at the pump for consumers during the suspension period.
International Relations: No direct effects identified in the legislation.

Consumers purchasing gasoline, diesel, or kerosene.
Fuel producers, distributors, and retailers.
The Department of the Treasury and Internal Revenue Service.
Recipients of Highway Trust Fund and Leaking Underground Storage Tank Trust Fund allocations, such as state transportation departments and environmental programs.

Relies on executive discretion for any extension of the tax holiday, which could raise questions about separation of powers in tax policy.
Includes an enforcement provision directing the Treasury to ensure consumer benefits, potentially involving regulatory oversight of private sector pricing.

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.