Legis Daily

Pay Less at the Pump Act of 2026

USA119th CongressHR-7527| House 
| Updated: 2/12/2026
Mike Carey

Mike Carey

Republican Representative

Ohio

Cosponsors (5)
Nathaniel Moran (Republican)Carol D. Miller (Republican)Tony Wied (Republican)Kevin Hern (Republican)Nicole Malliotakis (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill aims to terminate the Hazardous Substance Superfund financing rate , which is a specific tax contributing to the Superfund. It amends the Internal Revenue Code of 1986 to ensure that this financing rate will no longer be applied after December 31, 2025. Additionally, the legislation modifies the authority for advances to the Superfund. It terminates the ability for future advances upon the bill's enactment, replacing the previous expiration date of December 31, 2032. The bill also clarifies that repayments from the Superfund will be made on a quarterly basis from unobligated amounts until fully repaid.
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Timeline

Bill from Previous Congress

HR 118-3678
Pay Less at the Pump Act
Feb 12, 2026

Latest Companion Bill Action

S 119-3863
Introduced in Senate
Feb 12, 2026
Introduced in House
Feb 12, 2026
Referred to the House Committee on Ways and Means.
  • Bill from Previous Congress

    HR 118-3678
    Pay Less at the Pump Act


  • February 12, 2026

    Latest Companion Bill Action

    S 119-3863
    Introduced in Senate


  • February 12, 2026
    Introduced in House


  • February 12, 2026
    Referred to the House Committee on Ways and Means.

Taxation

Related Bills

  • S 119-3863: Pay Less at the Pump Act of 2026

Pay Less at the Pump Act of 2026

USA119th CongressHR-7527| House 
| Updated: 2/12/2026
This bill aims to terminate the Hazardous Substance Superfund financing rate , which is a specific tax contributing to the Superfund. It amends the Internal Revenue Code of 1986 to ensure that this financing rate will no longer be applied after December 31, 2025. Additionally, the legislation modifies the authority for advances to the Superfund. It terminates the ability for future advances upon the bill's enactment, replacing the previous expiration date of December 31, 2032. The bill also clarifies that repayments from the Superfund will be made on a quarterly basis from unobligated amounts until fully repaid.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 118-3678
Pay Less at the Pump Act
Feb 12, 2026

Latest Companion Bill Action

S 119-3863
Introduced in Senate
Feb 12, 2026
Introduced in House
Feb 12, 2026
Referred to the House Committee on Ways and Means.
  • Bill from Previous Congress

    HR 118-3678
    Pay Less at the Pump Act


  • February 12, 2026

    Latest Companion Bill Action

    S 119-3863
    Introduced in Senate


  • February 12, 2026
    Introduced in House


  • February 12, 2026
    Referred to the House Committee on Ways and Means.
Mike Carey

Mike Carey

Republican Representative

Ohio

Cosponsors (5)
Nathaniel Moran (Republican)Carol D. Miller (Republican)Tony Wied (Republican)Kevin Hern (Republican)Nicole Malliotakis (Republican)

Ways and Means Committee

Taxation

Related Bills

  • S 119-3863: Pay Less at the Pump Act of 2026
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted