The Gas Prices Relief Act of 2025 suspends the federal gasoline tax from the bill's enactment through December 31, 2025, reducing the tax rate to zero and temporarily halting the Leaking Underground Storage Tank Trust Fund financing rate on gasoline. The legislation affects all gasoline consumers and producers nationwide. To prevent a loss of funding for highway and environmental programs, the Treasury Department will transfer money from the general fund to replace the lost tax revenue in the Highway Trust Fund and the Leaking Underground Storage Tank Trust Fund, ensuring these programs continue operating at current levels. Congress declares that the tax savings should be passed directly to consumers at the pump and directs the Treasury Secretary to use enforcement authority to ensure gas prices actually reflect the tax reduction. The bill was introduced on June 5, 2025, and was referred to the House Committee on Ways and Means.
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