Pay Less at the Pump Act of 2026

This bill would get rid of a tax on oil produced in the United States and on oil products brought in from other countries, starting on January 1, 2026. Right now, that tax is 27 cents per barrel and the money collected goes into a fund called the Hazardous Substance Superfund, which pays for cleaning up polluted sites. The bill would also stop the government from sending additional money from its general budget to that same cleanup fund, which is currently allowed through 2032.

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