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US SB3863

Bill

Status

Introduced

2/12/2026

Primary Sponsor

John Barrasso

Click for details

Origin

Senate

119th Congress

AI Summary

  • Terminates the Hazardous Substance Superfund financing rate under Section 4611 of the Internal Revenue Code, effective January 1, 2026

  • Ends Treasury's authority to make advances to the Superfund, changing the termination date from December 31, 2032 to the date of this Act's enactment

  • Requires repayment of any outstanding advances on a quarterly basis from unobligated Superfund amounts until repaid in full

  • Introduced February 12, 2026 by Senator Barrasso with 9 Republican co-sponsors and referred to the Committee on Finance

Legislative Description

Pay Less at the Pump Act of 2026

Last Action

Read twice and referred to the Committee on Finance. (text: CR S611)

2/12/2026

Committee Referrals

Finance2/12/2026

Full Bill Text

No bill text available