Rep. Malliotakis Introduces Gas Tax Relief Act to Suspend Federal Fuel Taxes
The Gas Tax Relief Act is currently in the early stages of the legislative process. It was recently introduced and sent to the House Committee on Ways and Means for review. The bill is actively moving forward as it waits for the committee to discuss it.
While popular with voters, gas tax holidays often face opposition from lawmakers worried about the federal budget and long-term infrastructure funding.
Homeowners who commute by car would save roughly 18 cents per gallon on gasoline for at least 90 days. For an average household using about 1,000 gallons per year, that works out to roughly $45-$50 in savings over the 90-day period, a modest but noticeable benefit.
“the rate of tax under clauses (i) and (iii) of section 4081(a)(2)(A) of the Internal Revenue Code of 1986 shall be zero”
Referred to the House Committee on Ways and Means.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
No votes have been recorded for this legislation yet.
No related news coverage found for this legislation yet.
Document Type
Congressional Bill
Official Title
Gas Tax Relief Act
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