CONGRESS FOR VOTERS

RepublicanBill · S. 3863· Senate(119-S-3863)

Pay Less at the Pump Act of 2026

Rep. Barrasso
Age: 74 years
Wyoming
Introduced
2/12/2026
Last activity
2/12/2026 — Read twice and referred to the Committee on Finance. (text: CR S611)
Sponsored by
John Barrasso
Cosponsors
Republican - 10Democrat - 0
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill, known as the "Pay Less at the Pump Act of 2026," aims to amend the Internal Revenue Code of 1986. The primary goal is to terminate the Hazardous Substance Superfund financing rate. According to the text, the financing rate would no longer apply after December 31, 2025. The bill also changes the rules regarding the authority for advances from the Fund.

Yes· 3 of 4

  • Is this likely to lower the price at the pump?+3

    Removing the fuel financing rate is intended to reduce the cost of gasoline for consumers.

  • Would households on low incomes be better off under this?+2

    Lower gasoline prices can provide modest relief to low-income households' daily expenses.

  • Would middle-income households be better off under this?+2

    The reduction in fuel taxes may lead to lower costs for middle-income commuters.

The opposite

  • Does this better protect air, water and wildlife?-5

    By terminating the financing rate, the bill reduces the long-term funding available for the Superfund to address hazardous substance cleanup.

  • Does this reduce what the federal government spends?-3

    The termination of the financing rate reduces the steady stream of revenue available to the Superfund for environmental cleanup.