Gas Money Saved Act

Edward J. Markey

Democrat · MA · Senator

Source: Congress.gov · FEC

No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.

Read twice and referred to the Committee on Commerce, Science, and Transportation.

2026-06-24

Source: Congress.gov

The federal government would review and potentially change the fuel efficiency standards that car manufacturers must meet for their vehicle fleets. This could affect automakers' production decisions and ultimately influence what kinds of cars are available to consumers and how much they cost at the pump. The proposal is currently being considered by the Senate Commerce Committee.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 4908 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 4908 To require the Administrator of the National Highway Traffic Safety Administration to initiate a process to reevaluate corporate average fuel economy standards, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES June 24, 2026 Mr. Markey introduced the following bill; which was read twice and referred to the Committee on Commerce, Science, and Transportation _______________________________________________________________________ A BILL To require the Administrator of the National Highway Traffic Safety Administration to initiate a process to reevaluate corporate average fuel economy standards, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Gas Money Saved Act''. SEC. 2. REEVALUATION OF CAFE STANDARDS. (a) Adjustment.-- (1) In general.--If the Administrator of the National Highway Traffic Safety Administration, using data published by the Bureau of Labor Statistics, determines that national average prices for gasoline have risen at least 5 times faster than overall inflation over the applicable period described in paragraph (2), the Administrator shall initiate a process to reevaluate whether the current corporate average fuel economy standards are achieving maximum feasible average fuel economy. (2) Period described.--The applicable period referred to in paragraph (1) is-- (A) if corporate average fuel economy standards have not previously been adjusted under this subsection, any period of 180 days or longer beginning after the date of enactment of this Act; or (B) if corporate average fuel economy standards have previously been adjusted under this subsection, any period of 180 days or longer beginning after the date of the most recent adjustment. (b) Restoration of Penalties.--Section 32912 of title 49, United States Code, is amended-- (1) in subsection (b), in the matter preceding paragraph (1), by striking ``$0.00'' and inserting ``$25''; and (2) in subsection (c)(1)(B), by striking ``$0.00'' and inserting ``$50''. <all>

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