Consumer Fuel Costs Relief Act

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Introduced

In Committee

Passed One Chamber

Passed Both Chambers

Signed into Law

Read twice and referred to the Committee on Finance.

Halts federal taxes on gas and plane fuel for about a year

This bill would temporarily stop federal taxes on motor and aviation fuels until October 1, 2027. This means drivers and people who fly could see lower prices at the pump and for air travel. The bill also aims to ensure these savings are passed directly to consumers.

What Would Change

Today, federal taxes are collected on motor and aviation fuels, which help fund important trust funds for infrastructure and environmental cleanup. After this bill, federal taxes on these fuels would be set to zero from the date it becomes law until October 1, 2027. The government would then use money from its general fund to keep the trust funds financially stable. Consumers should also see lower prices at the pump and for air travel.

Key Provisions

Ends federal taxes on motor and aviation fuels from the bill's start date until October 1, 2027.
Requires the Treasury Department to transfer money from the general fund to make up for lost tax revenue in the Airport and Airway, Highway, and Leaking Underground Storage Tank Trust Funds.
Requires fuel companies and airlines to lower their prices to reflect the federal tax cut.
Allows for monetary penalties if companies do not pass on the tax savings to customers.
Gives the Treasury Department, Federal Trade Commission, and Commodity Futures Trading Commission power to monitor markets and prevent unfair pricing.

View on Congress.gov

S 5530 · 119th Congress · AI Summary by gemini-2.5-flash · 9/10

Consumer Fuel Costs Relief Act

What Would Change

Key Provisions

Lobbying Activity