H.R. 3275 — Introduced in House

I 117th CONGRESS 1st Session H. R. 3275 IN THE HOUSE OF REPRESENTATIVES May 17, 2021 Ms. Herrell (for herself, Mr. Steube, Mrs. Harshbarger, Mr. Gosar, Mr. LaTurner, and Mr. Owens) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to suspend the tax on gasoline other than aviation gasoline. 1. Short title This Act may be cited as the Pausing Unrelenting Markups on Petroleum Act of 2021 or as the PUMP Act of 2021. 2. Gas tax holiday (a) In general Section 4081(a)(2) of the Internal Revenue Code of 1986 is amended by adding at the end the following new subparagraph: (E) Gas tax holiday (i) In general In the case of gasoline other than aviation gasoline which is removed and sold during the holiday period— (I) subparagraph (A)(i) shall be applied by substituting zero cents for 18.3 cents, and (II) subparagraph (B) shall not apply. (ii) Holiday period For purposes of this subparagraph, the term holiday period means the period beginning on the date of the enactment of this Act and ending on the latest of— (I) the first date after the date of the enactment of this Act on which the public health emergency declared for COVID–19 under section 319 of the Public Health Service Act (42 U.S.C. 247d), including renewals thereof, is no longer in effect, (II) the first date after the date of the enactment of this Act on which the public health emergencies declared for COVID–19 by all States, including renewals thereof, are no longer in effect, and (III) the date which is 180 days after the date of the enactment of this Act. (iii) Coordination with tax on alternative fuels, etc For purposes of this title, whether fuel is taxable under this subsection shall be determined without regard to this subparagraph. . (b) Effective date The amendment made by this section shall apply to fuel removed and sold after the date of the enactment of this Act.