Bill · H.R. 3768· House(119-HR-3768)
Gas Prices Relief Act of 2025
- Introduced
- 6/5/2025
- Last activity
- 6/5/2025 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Josh Harder
- Cosponsors
- - 1 - 0
- Introduced
- In Committee
What this bill would do
This bill, known as the "Gas Prices Relief Act of 2025," aims to amend the Internal Revenue Code of 1986 to create a gasoline tax holiday. It sets the tax rate under section 4081(a)(2)(A)(i) to zero for gasoline sold or entered between the date of enactment and January 1, 2026. Additionally, the Leaking Underground Storage Tank Trust Fund financing rate would not apply during this period. To prevent shortages in specific funds, the Secretary of the Treasury would transfer money from the general fund to the Highway Trust Fund and the Leaking Underground Storage Tank Trust Fund. The bill's stated policy is to ensure consumers immediately receive the benefits of these tax reductions through price drops from producers and dealers.
Yes· 3 of 17
Is this likely to lower the price at the pump?+8
The primary purpose of the bill is to reduce gasoline prices through a tax holiday.
Does this cut taxes for middle-income families?+5
The gasoline tax holiday provides direct relief to middle-class consumers through lower fuel prices.
Would households on low incomes be better off under this?+4
Lower fuel prices provide significant relief to those with a higher percentage of income spent on transportation.
The opposite
Does this cut the pollution that drives climate change?-2
Lower gasoline prices may reduce the incentive for fuel efficiency and increase consumption.
Does this better protect air, water and wildlife?-2
The bill bypasses the Leaking Underground Storage Tank Trust Fund financing rate, potentially impacting environmental oversight funds.
Does this make the government pay for what it commits to?-1
The bill requires transfers from the general fund to replenish trust funds, which may impact fiscal balances.
Who it would affect, and how
Potential Positive Impacts for People
-
Tax Rate Reduction: The bill sets the tax rate under section 4081(a)(2)(A)(i) to zero for gasoline removed, entered, or sold starting from the date of enactment until January 1, 2026 (Section 2(a)(1)). This is intended to provide relief regarding gas prices.
-
Consumer Price Relief: It is the stated policy of Congress that consumers should immediately receive the benefit of reduced taxes through lower transportation motor fuel prices (Section 2(c)(1)).
Potential Negative Impacts for People
- No Specific Negative Impacts Identified: The provided text does not explicitly list negative consequences or burdens for individuals or groups of people.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Low Income Households+4Good For Middle Class Households+4Good For Rural Residents+4Good For Farmers+3Good For Business Owners+2Good For Billionaires+1Good For High Income Households+1Good For High Net Worth Individuals+1Good For Ultra High Net Worth Individuals+1
- Economy And Finance
- Reduces Middle Class Taxes+5Improves Consumer Protection+3Reduces Inflation+2Improves Economic Growth+1Improves Fiscal Responsibility-1
- Environment Energy And Infrastructure
- Reduces Gas Prices+8Improves Roads And Bridges+1Improves Environmental Protections-2Reduces Carbon Emissions-2
- Social Issues And Justice
- Improves Poverty Reduction+2
- Governance And Ideology
- Increases Federal Power+1
- 6/5/2025
- Referred to the House Committee on Ways and Means.
- 1 Cosponsor added.
- Introduced in House
2 bills Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Kim SchrierDemocrat · Washington