119th Congress Taxation
S. 3863: Pay Less at the Pump Act of 2026
Introduced
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill eliminates the excise tax on domestic crude oil and imported petroleum products (known as the petroleum Superfund tax rate) beginning on January 1, 2026. The bill also eliminates the authority for advances to the Hazardous Substance Superfund from the General Fund of the U.S. Treasury.
Under current law, the petroleum Superfund tax rate imposed is 27 cents per barrel (in 2026 and indexed annually for inflation). Amounts collected from this tax are deposited into the Hazardous Substance Superfund, which finances the remediation of certain environmentally contaminated sites.
Further, under current law, the authority for advances to be appropriated to the Hazardous Substance Superfund extends through 2032.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Marsha Blackburn R-TNOriginal
- John Cornyn R-TXOriginal
- Tom Cotton R-AROriginal
- John Hoeven R-NDOriginal
- John Kennedy R-LAOriginal
- Cynthia Lummis R-WYOriginal
- James Lankford R-OKOriginal
- Mike Lee R-UTOriginal
- James Risch R-IDOriginal
- Dave McCormick R-PA
Who scored on this bill
No member has earned points from it yet.
See all scorers and every scoring event
Introductions and cosponsorships count toward weekly caps and show no points.
Other bills by John Barrasso
- S. 2787: Grasslands Grazing Act of 2025
- S. 290: Making National Parks Safer Act
- S. 3199: 988 Lifeline Location Improvement Act of 2026
- S. 472: Ski Hill Resources for Economic Development Act
- S. 1348: Wyoming Public Lands Initiative Act of 2023
- S. 1553: Resiliency for Ranching and Natural Conservation Health Act
History
- Introduced in the Senate by John Barrasso.
Show the full action history (2 actions)
- Introduced in Senate
- Read twice and referred to the Committee on Finance. (text: CR S611)