Consumer Fuel Costs Relief Act
The source supplies the latest action, but no lifecycle stage.
Latest action (24 Sep 2026): Read twice and referred to the Committee on Finance.
What this bill does
This bill, S. 5530, introduced by Senator Mark Kelly, aims to provide a tax holiday for motor and aviation fuels by amending the Internal Revenue Code of 1986. The full details of how this tax holiday would be implemented, including specific tax rates, duration, and any limitations, are not yet publicly available as the official text of the bill has not been published.
If enacted, this legislation could potentially affect consumers and industries that rely on motor and aviation fuels by lowering their cost. The intent of a tax holiday is generally to reduce expenses for businesses and individuals. However, without the full bill text, it is not possible to determine the exact scope of who would be affected or the precise nature of the impact.
As of now, S. 5530 has just been introduced in the Senate. Its next steps in the legislative process would involve being referred to a committee, where it could be reviewed, amended, and potentially voted on. If it passes the committee, it would then proceed to the full Senate for consideration.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Timeline
24 Sep 2026
Read twice and referred to the Committee on Finance.
Common questions
- What does S. 5530 do?
- This bill, S. 5530, introduced by Senator Mark Kelly, aims to provide a tax holiday for motor and aviation fuels by amending the Internal Revenue Code of 1986. The full details of how this tax holiday would be implemented, including specific tax rates, duration, and any limitations, are not yet publicly available as the official text of the bill has not been published. If enacted, this legislation could potentially affect consumers and industries that rely on motor and aviation fuels by lowering their cost. The intent of a tax holiday is generally to reduce expenses for businesses and individuals. However, without the full bill text, it is not possible to determine the exact scope of who would be affected or the precise nature of the impact. As of now, S. 5530 has just been introduced in the Senate. Its next steps in the legislative process would involve being referred to a committee, where it could be reviewed, amended, and potentially voted on. If it passes the committee, it would then proceed to the full Senate for consideration.
- Has S. 5530 become law?
- The source does not supply a confirmed lifecycle stage for S. 5530. Check the latest action and official source below.
- Who sponsored S. 5530?
- S. 5530 was sponsored by Sen. Kelly, Mark [D-AZ] (D-AZ), with 0 cosponsors.
- What's the latest action on S. 5530?
- Read twice and referred to the Committee on Finance. (24 Sep 2026).
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