Diesel Prices Relief Act of 2026

This bill would set the federal excise tax rate on diesel fuel (not including kerosene) to zero from the date it becomes law until January 1, 2027. During that time, the fee on diesel fuel that funds the Leaking Underground Storage Tank Trust Fund would also not apply. The Treasury would move money from the general fund into the Highway Trust Fund and the Leaking Underground Storage Tank Trust Fund to make up for the tax money those funds would not receive. The bill states that Congress intends for fuel producers and dealers to lower prices so consumers get the tax savings, and it allows the Treasury to use its existing authorities to make sure that happens.

Full text and official record on Congress.gov

Sponsors

• Eugene Simon Vindman Democrat sponsor
• 1 cosponsors