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Gas Tax Suspension Act

5/15/2026, 11:03 AM

Summary of Bill S 4485

This bill, introduced in the 119th Congress, is aimed at amending the Internal Revenue Code of 1986 to establish a tax holiday specifically for gasoline and diesel fuel.

Current Status of Bill S 4485

Bill S 4485 is currently in the status of Bill Introduced since May 11, 2026. Bill S 4485 was introduced during Congress 119 and was introduced to the Senate on May 11, 2026.  Bill S 4485's most recent activity was Read twice and referred to the Committee on Finance. as of May 11, 2026

Bipartisan Support of Bill S 4485

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
0
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 4485

Primary Policy Focus

Alternate Title(s) of Bill S 4485

A bill to amend the Internal Revenue Code of 1986 to provide a tax holiday for gasoline and diesel fuel.
A bill to amend the Internal Revenue Code of 1986 to provide a tax holiday for gasoline and diesel fuel.

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