The Gas Prices Relief Act of 2026 aims to temporarily eliminate federal taxes on gasoline to help reduce fuel prices for consumers. This legislative measure is intended to provide immediate financial relief to drivers and families facing high gasoline costs. The key provisions of this act include a complete suspension of the federal gasoline tax from the date the law is enacted until October 1, 2026. This means that the tax rate on gasoline sales will be set to zero, and the additional tax that funds the Leaking Underground Storage Tank Trust Fund will also not apply during this period.