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Proposed

Bill · 119th Congress · HR 7527

Pay Less at the Pump Act of 2026

Refreshed 2 h ago

Introduced 2026-02-12Topic: taxes · environment · energy

Summary

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This bill would end the Hazardous Substance Superfund financing rate, a federal tax under Section 4611 of the tax code that applies to crude oil and petroleum products. The tax would no longer apply after December 31, 2025, with the change taking effect January 1, 2026. The bill would also end the authority to advance money to the Hazardous Substance Superfund as of the date the bill becomes law. Any outstanding advances would be repaid quarterly from unobligated money in the Fund until repaid in full.

Full text and official record on Congress.gov

Sponsors

Action history

DateChamberActionStatus effect
2026-02-12HouseReferred to the House Committee on Ways and Means.refer
2026-02-12Introduced in Houseintroduce
2026-02-12Introduced in Houseintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-09-11. Provisions and opinion polling arrive in a later release.