To amend the Internal Revenue Code of 1986 to temporarily suspend certain fuel excise taxes for fuel separated during periods in which the national average price of gasoline exceeds $3.99 per gallon, and to prohibit certain credits or deductions for oil and gas companies during such periods.

Latest action: Referred to the House Committee on Ways and Means. · Apr 30, 2026

View full text on Congress.gov ↗ Policy area: Taxation