HR 8600 · 119th Congress — To amend the Internal Revenue Code of 1986 to temporarily suspend certain fuel excise taxes for fuel separated during periods in which the national average price of gasoline exceeds $3.99 per gallon, and to prohibit certain credits or deductions for oil and gas companies during such periods.
This bill would amend the Internal Revenue Code of 1986 to temporarily suspend certain fuel excise taxes for fuel separated during periods in which the national average price of gasoline exceeds $3.
- Congress
- 119
- Bill
- HR 8600
- Status
- Introduced
- Introduced
- 2026-04-30
- Latest action date
- 2026-04-30
Summary
This bill would amend the Internal Revenue Code of 1986 to temporarily suspend certain fuel excise taxes for fuel separated during periods in which the national average price of gasoline exceeds $3.
This summary may describe an earlier version. Check the official record for current wording.
Latest action
Referred to the House Committee on Ways and Means.
Sponsors
- Rep. Boyle, Brendan F. [D-PA-2]
Democratic · Pennsylvania · House District 2 · Democratic