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HR 6787 117th Congress House Taxation Energy prices Government trust funds Motor fuels Oil and gas Roads and highways Sales and excise taxes Transportation programs funding

Gas Prices Relief Act of 2022

Introduced: February 18, 2022 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 18, 2022
Referred to the House Committee on Ways and Means.
Feb 18, 2022
Introduced in House
 Plain-English summary Congressional Research Service

Gas Prices Relief Act of 2022

This bill provides for a temporary exemption through 2022 from the excise tax on gasoline (other than aviation gasoline) and from the Leaking Underground Storage Tank Trust Fund financing rate. The Department of the Treasury must transfer from the general fund to the Highway Trust Fund and the Leaking Underground Storage Tank Trust Fund amounts resulting from the exemption provided by this bill.

The bill also expresses congressional policy that consumers immediately receive the benefit of this exemption.

What's happening now February 18, 2022

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1