H.R. 7527: Pay Less at the Pump Act of 2026

119th Congress · introduced 2026-02-12 · Taxation · Latest: Referred to the House Committee on Ways and Means.

federal

Official title

Pay Less at the Pump Act of 2026

Plain summary

Pay Less at the Pump Act of 2026 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.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Pay Less at the Pump Act of 2026

Source: Congressional Research Service summary (Introduced in House)

AI explanation – may be wrong, check the official text

No AI explanation yet. It takes up to a minute to write and is then saved for everyone.

Limited to a few requests an hour per person.

The strongest published arguments

Arguments for (supporters)

Needs sources: no published arguments on this side yet. We only show items backed by a published source. Suggest one.

Arguments against (opponents)

Needs sources: no published arguments on this side yet. We only show items backed by a published source. Suggest one.

Alternatives

Needs sources: no published alternatives yet (for example a different bill, a law instead of an amendment, or keeping current law). We only show items backed by a published source. Suggest one.

Officials and money

Sponsor: Rep. Carey, Mike [R-OH-15] · 5 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Kevin Hern (R-OK), Carol D. Miller (R-WV), Nicole Malliotakis (R-NY), Tony Wied (R-WI), Nathaniel Moran (R-TX)

Sponsor's campaign money: Rep. Carey, Mike [R-OH-15] reported raising $4.2 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

Words on this page, explained (2)

Appropriation: Money a legislature sets aside by law for a specific purpose. Government agencies may spend public money only as it has been appropriated.
Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-119hr7527.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/119/hr>

Record fed-us-cong119-hr7527 · catalog fed-us-congress-bills-cong119 · updated 2026-11-04 by psicol fed-bills