H.R. 3768 – Gas Prices Relief Act of 2025

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Updated November 24, 2025 at 12:15 AM UTC

The Gas Prices Relief Act of 2025 temporarily eliminates the federal gasoline excise tax for a one‑year period, aiming to lower fuel costs for consumers. To offset the loss of revenue, the Treasury must move equivalent funds into the Highway and Leaking Underground Storage Tank Trust Funds. The bill also mandates that fuel sellers pass the tax savings on to buyers and gives the Treasury enforcement authority.

Key Provisions

Sets the federal gasoline excise tax to zero for gasoline sold after the law’s enactment and before Jan. 1, 2026.
Requires the Treasury to transfer to the Highway Trust Fund and the Leaking Underground Storage Tank Trust Fund amounts equal to the tax revenue that would have been collected during the holiday period.
Directs that the tax savings be passed on to consumers, urging fuel producers and dealers to lower pump prices accordingly, and authorizes the Secretary of the Treasury to enforce this requirement.

Legislative Activity

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1 earlier action

HouseIntro Referral Latest Action

Referred to the House Committee on Ways and Means.

Ways and Means Committee

June 5, 2025

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HouseIntro Referral

Introduced in House

June 5, 2025

HouseIntro Referral

Referred to the House Committee on Ways and Means.

Ways and Means Committee

June 5, 2025

Bill Text

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Introduced in HouseIssued June 5, 2025

I

119th CONGRESS

1st Session

H. R. 3768

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.

1.

Short title

This Act may be cited as the Gas Prices Relief Act of 2025.

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.