Bills · S 3863
IN COMMITTEE· 119TH CONGRESS
Senate BillS 3863Taxation
Pay Less at the Pump Act of 2026
INTRO FEB 12· LAST ACTION FEB 12
READING
2MIN
COSPONSORS
10
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed Senate
Passed House
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenVoters should care about this bill because it tinkers with how we pay for cleaning up some of the country's most polluted sites. If this bill becomes law, the dedicated tax on oil and chemicals that funds the Superfund would disappear, potentially shifting the financial burden for these cleanups to general taxpayer money if other funding isn't found. While the bill aims to reduce costs at the gas pump (hence its title), any direct savings for consumers would likely be very small, as this tax is only a tiny fraction of the overall price.
If this bill doesn't become law, the current Superfund tax would continue to be collected from industry, providing a specific revenue stream for environmental cleanups until its scheduled expiration date. This means the costs of cleaning up hazardous waste would continue to be primarily borne by the industries historically linked to those substances, rather than potentially relying more on broader government funds.
KEY PROVISIONS
3AI-extractedPROVISION 01
Ends the Hazardous Substance Superfund financing rate after December 31, 2025.
This provision removes a dedicated tax on oil and chemical companies that helps fund environmental cleanups.
PROVISION 02
Terminates the Superfund's authority to receive advances (loans) from the Treasury on the bill's enactment date, much sooner than the previously scheduled date of December 31, 2032.
This limits the Superfund's ability to borrow emergency funds from the general government earlier than planned.
PROVISION 03
Requires the Superfund to repay any advances from the Treasury on a quarterly basis using unobligated funds.
This clarifies and potentially accelerates the repayment schedule for money borrowed by the Superfund.
SPONSORSHIP
1 + 10
R· Wyoming
YRS IN OFFICE
19
BILLS LED
58
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 0 REP 10 IND 0
ACTION TIMELINE
2 EVENTSFEB 12
Introduced in Senate
FEB 12
Read twice and referred to the Committee on Finance. (text: CR S611)
BILL INFO
TypeSenate Bill
NumberS 3863
Congress119th
StatusIn Committee
IntroducedFeb 12, 2026
Last actionFeb 12, 2026
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IN COMMITTEE· 119TH CONGRESS · FINANCE COMMITTEE · INTRODUCED FEB 12, 2026
Senate BillS 3863Taxation
Pay Less at the Pump Act of 2026
INTRODUCED FEB 12, 2026· LAST ACTION FEB 12, 2026
PASSAGE CHANCES
—%
READING
2 min
COSPONSORS
10
COMPLEXITY
Moderate
