HR8772Referred to Committee

Diesel Prices Relief Act of 2026

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-05-12
Introduced
1
Cosponsors
HR
Type

Sponsor

Eugene Simon Vindman
Eugene Simon Vindman
Democrat · VA · Representative
Votes with party: 90.5% (603 recorded votes)
Top industries funding sponsor:
  • Veterans$4,000k

Full profile: /officials/V000138

Source: Congress.gov · FEC

Cosponsors (1)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Ways and Means.

2026-05-12

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

The proposal would temporarily eliminate the federal tax on diesel fuel, which currently adds about 24 cents per gallon at the pump. This would lower costs for trucking companies, farmers, construction businesses, and other industries that rely heavily on diesel fuel, as well as reduce prices for consumers who buy diesel-powered vehicles. The tax break would remain in effect for a set period before the normal tax rate returns.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Taxation

Full Bill Text

Verbatim text published on Congress.gov via GovInfo. Use Cmd+F / Ctrl+F to search within this excerpt.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 8772 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 8772 To provide a diesel fuel tax holiday. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 12, 2026 Mr. Vindman (for himself and Mr. Davis of North Carolina) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To provide a diesel fuel tax holiday. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Diesel Prices Relief Act of 2026''. SEC. 2. 2026 DIESEL FUEL TAX HOLIDAY. (a) In General.--In the case of diesel fuel removed, entered, or sold on or after the date of the enactment of this Act and before January 1, 2027-- (1) the rate of tax under section 4081(a)(2)(A)(iii) of the Internal Revenue Code of 1986 shall be zero with respect to diesel fuel (other than kerosene), and (2) the Leaking Underground Storage Tank Trust Fund financing rate under section 4081(a)(2)(B) of such Code shall not apply to diesel fuel to which the rate under paragraph (1) applies. (b) Transfers to Trust Fund.-- (1) In general.--The Secretary of the Treasury (or the Secretary's delegate) shall transfer from the general fund to the Highway Trust Fund established under section 9503(a) of the Internal Revenue Code of 1986 and the Leaking Underground Storage Tank Trust Fund established under section 9508(a) of such Code amounts equal to the reduction in amounts credited (but for this subsection) to each such Trust Fund by reason of subsection (a). (2) Coordination rules.-- (A) Leaking underground storage tank trust fund.-- Amounts transferred to the Leaking Underground Storage Tank Trust Fund under paragraph (1) shall be treated for purposes of sections 9503(b)(1) and 9508(b)(2) of such Code as taxes received in the Treasury under section 4081 of such Code attributable to the Leaking Underground Storage Tank Trust Fund financing rate. (B) Highway trust fund.--Amounts transferred to the Highway Trust Fund under paragraph (1) shall be treated for purposes of section 9503(b)(1) of such Code as taxes received in the Treasury under section 4081 of such Code which are not attributable to the Leaking Underground Storage Tank Trust Fund financing rate. (c) Benefits of Tax Reduction Should Be Passed on to Consumers.-- (1) It is the policy of Congress that-- (A) consumers immediately receive the benefit of the reduction in taxes resulting from the application of subsection (a), and (B) transportation motor fuels producers and other dealers take such actions as necessary to reduce transportation motor fuels prices to reflect such reduction. (2) Enforcement.--The Secretary of the Treasury (or the Secretary's delegate) may use all applicable authorities to ensure that the benefit of the reduction in taxes resulting from the application of subsection (a) is received by consumers. <all>

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