HR10668Referred to Committee

EASE Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-10-01
Introduced
1
Cosponsors
HR
ⓘ
Type

Sponsor

Russell Fry
Russell Fry
Republican · SC · Representative
Votes with party: 93.3% (668 recorded votes)

Full profile: /officials/F000478

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.

2026-10-01

Source: Congress.gov

Committee Activity

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Plain-English Summary

Plain-English summary pending. Introduced on 2026-10-01. Check back soon — summaries are generated as bills progress through Congress.

Full Bill Text

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[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 10668 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 10668 To amend the Internal Revenue Code of 1986 to authorize the President to temporarily suspend the gas tax during certain national emergencies. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES October 1, 2026 Mr. Fry (for himself and Mr. Wilson of South Carolina) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to authorize the President to temporarily suspend the gas tax during certain national emergencies. 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 ``Presidential Emergency Action to Stabilize Energy Act'' or the ``EASE Act''. SEC. 2. AUTHORITY TO TEMPORARILY SUSPEND THE GAS TAX DURING CERTAIN NATIONAL EMERGENCIES. (a) In General.--Section 4081 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection: ``(f) Authority to Temporarily Suspend Certain Taxes During National Emergencies.-- ``(1) In general.--In the case of any taxable fuel removed, entered, or sold during a national emergency gas tax suspension period-- ``(A) the rate of tax under clauses (i) and (iii) of subsection (a)(2)(A) shall be zero, and ``(B) the Leaking Underground Storage Tank Trust Fund financing rate under subsection (a)(2)(B) shall not apply to taxable fuel to which the rate under subparagraph (A) applies. ``(2) National emergency gas tax suspension period.--For purposes of this subsection-- ``(A) In general.--The term `national emergency gas tax suspension period' means the 60-day period beginning on the date specified in the Presidential declaration described in subparagraph (C). ``(B) Extension.--Subparagraph (A) shall be applied by substituting `120-day period' for `60-day period' if the President, not later than 15 days before the expiration of the 60-day period referred to in subparagraph (A), transmits to Congress a written notification that the President has determined that an extension of the period under this subparagraph is warranted by reason of the continuation of the national emergency described in subparagraph (C). ``(C) Presidential declaration.--If the President determines that there exists a national emergency which is causing, or threatens to cause, a substantial disruption in the supply or availability of taxable fuel, or a substantial increase in the price of taxable fuel, in the United States, the President may issue a declaration identifying such national emergency and specifying the date on which a national emergency gas tax suspension period (as defined in subparagraph (A)) begins. ``(D) Limitation.--Not more than 1 national emergency gas tax suspension period shall be taken into account under this subsection with respect to any single national emergency. ``(3) Transfers to trust funds.-- ``(A) In general.--The Secretary shall transfer from the general fund to the Highway Trust Fund established under section 9503(a) and the Leaking Underground Storage Tank Trust Fund established under section 9508(a) amounts equal to the reduction in amounts credited (but for this subsection) to each such Trust Fund by reason of subsection (a). ``(B) Leaking underground storage tank trust fund.--Amounts transferred to the Leaking Underground Storage Tank Trust Fund under subparagraph (A) shall be treated for purposes of sections 9503(b)(1) and 9508(b)(2) as taxes received in the Treasury under section 4081 attributable to the Leaking Underground Storage Tank Trust Fund financing rate. ``(C) Highway trust fund.--Amounts transferred to the Highway Trust Fund under subparagraph (A) shall be treated for purposes of section 9503(b)(1) as taxes received in the Treasury under section 4081 which are not…
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attributable to the Leaking Underground Storage Tank Trust Fund financing rate. ``(4) Termination.--Paragraph (1) shall not apply to any taxable fuel removed, entered, or sold after December 31, 2028.''. (b) Effective Date.--The amendments made by this section shall apply to fuel removed, entered, or sold after the date of the enactment of this Act. <all>