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Gas Tax Suspension Act

6/1/2026, 4:27 PM

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

Taxation

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.

Comments

Castiel Case profile image

Castiel Case

807

20 days ago

Yo, can't believe they're actually considering passing this bill. It's gonna be so lit if it goes through. But like, who even benefits from it tho?