This bill would temporarily eliminate federal fuel taxes on gasoline and diesel from its enactment date through December 31, 2026. The legislation targets the excise taxes imposed under section 4081 of the Internal Revenue Code, effectively reducing the federal fuel tax to zero for the remainder of 2026. The bill directs fuel producers and dealers to pass the full tax savings on to consumers through lower prices at the pump, and authorizes the Treasury Department to enforce this requirement by imposing monetary penalties on companies that fail to reduce their prices accordingly. The bill was introduced on September 15, 2026, and referred to the House Committee on Ways and Means. This temporary suspension is intended to provide immediate relief to consumers by reducing fuel costs while the tax remains suspended.