119-hr3768

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3768 Introduced in House

    (IH) ]

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119th CONGRESS
 1st Session
 H. R. 3768

 To amend the Internal Revenue Code of 1986 to provide a gasoline tax 
 holiday.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 June 5, 2025

 Mr. Harder of California (for himself and Ms. Schrier) 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 provide a gasoline tax 
 holiday.

 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 ``Gas Prices Relief Act of 2025''.

SEC. 2. 2025 GASOLINE TAX HOLIDAY.

    (a) In General.--In the case of gasoline removed, entered, or sold 
on or after the date of the enactment of this Act and before January 1, 
2026--

    (1) the rate of tax under 

section 4081

    (a)

    (2)
        (A)
            (i) of the 
 Internal Revenue Code of 1986 shall be zero; and

    (2) the Leaking Underground Storage Tank Trust Fund 
 financing rate under 

section 4081

    (a)

    (2) of such Code shall not 
 apply to gasoline to which the rate under paragraph

    (1) applies.

    (b) Transfers to Trust Fund.--

    (1) In general.--The Secretary of the Treasury shall 
 transfer from the general fund to the Highway Trust Fund 
 established under 

section 9503

    (a) of the Internal Revenue Code 
 of 1986 and the Leaking Underground Storage Tank Trust Fund 
 established under 

section 9508

    (a) of such Code amounts equal to 
 the reduction in amounts credited (but for this subsection) to 
 each such Trust Fund by reason of subsection

    (a) .

    (2) Coordination rules.--
        (A) Leaking underground storage tank trust fund.--
 Amounts transferred to the Leaking Underground Storage 
 Tank Trust Fund under paragraph

    (1) shall be treated 
 for purposes of sections 9503

    (b)

    (1) and 9508

    (b)

    (2) of 
 such Code as taxes received in the Treasury under 
 

section 4081 of such Code attributable to the Leaking 
 Underground Storage Tank Trust Fund financing rate.
        (B) Highway trust fund.--Amounts transferred to the 
 Highway Trust Fund under paragraph

    (1) shall be treated 
 for purposes of 

section 9503

    (b)

    (1) of such Code as 
 taxes received in the Treasury under 

section 4081 of 
 such Code which are not attributable to the Leaking 
 Underground Storage Tank Trust Fund financing rate.
            (c) Benefits of Tax Reduction Should Be Passed on to Consumers.--

    (1) It is the policy of Congress that--
        (A) consumers immediately receive the benefit of 
 the reduction in taxes resulting from the application 
 of subsection

    (a) ; and
        (B) transportation motor fuels producers and other 
 dealers take such actions as necessary to reduce 
 transportation motor fuels prices to reflect such 
 reduction.

    (2) Enforcement.--The Secretary may use all applicable 
 authorities to ensure that the benefit of the reduction in 
 taxes resulting from the application of subsection

    (a) is 
 received by consumers.
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