Rising gasoline prices linked to the Iran conflict and supply disruptions have prompted bipartisan congressional proposals, including 90-day or longer suspensions backed by President Trump, to temporarily set the 18.4-cent federal excise tax to zero. However, Congress holds sole authority over the tax that funds the Highway Trust Fund, and no such suspension has ever passed despite past efforts. Recent EPA emergency waivers easing summer-blend rules aim to boost supply instead, while revenue losses estimated in the billions and competing infrastructure priorities continue to limit momentum through late 2026.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$33,533 Vol.
Nov 2, 2026
November 2
16%
$33,533 Vol.
November 2
$11,168 Vol.
16%
On May 11, 2026, Trump proposed suspending the federal gas tax.
This market will resolve to "Yes" if legislation that would, at least temporarily, suspend the federal excise tax on gasoline is passed by both chambers of the U.S. Congress and signed into law by the specified date (ET). Otherwise, this market will resolve to "No".
Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire will not qualify.
The primary resolution sources for this market will be Congress.gov’s legislation tracker (https://www.congress.gov/bill/119th-congress/house-bill/22), the Library of Congress (congress.gov), and other official information from the government of the United States; however, a consensus of credible reporting may also be used.Rising gasoline prices linked to the Iran conflict and supply disruptions have prompted bipartisan congressional proposals, including 90-day or longer suspensions backed by President Trump, to temporarily set the 18.4-cent federal excise tax to zero. However, Congress holds sole authority over the tax that funds the Highway Trust Fund, and no such suspension has ever passed despite past efforts. Recent EPA emergency waivers easing summer-blend rules aim to boost supply instead, while revenue losses estimated in the billions and competing infrastructure priorities continue to limit momentum through late 2026.
On May 11, 2026, Trump proposed suspending the federal gas tax.
This market will resolve to "Yes" if legislation that would, at least temporarily, suspend the federal excise tax on gasoline is passed by both chambers of the U.S. Congress and signed into law by the specified date (ET). Otherwise, this market will resolve to "No".
Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire will not qualify.
The primary resolution sources for this market will be Congress.gov’s legislation tracker (https://www.congress.gov/bill/119th-congress/house-bill/22), the Library of Congress (congress.gov), and other official information from the government of the United States; however, a consensus of credible reporting may also be used.
This market will resolve to "Yes" if legislation that would, at least temporarily, suspend the federal excise tax on gasoline is passed by both chambers of the U.S. Congress and signed into law by the specified date (ET). Otherwise, this market will resolve to "No".
Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire will not qualify.
The primary resolution sources for this market will be Congress.gov’s legislation tracker (https://www.congress.gov/bill/119th-congress/house-bill/22), the Library of Congress (congress.gov), and other official information from the government of the United States; however, a consensus of credible reporting may also be used.
Market Opened: May 12, 2026, 1:38 PM ET
Volume
$33,533End Date
Nov 3, 2026Market Opened
May 12, 2026, 1:38 PM ETResolver
0x65070BE91...On May 11, 2026, Trump proposed suspending the federal gas tax.
This market will resolve to "Yes" if legislation that would, at least temporarily, suspend the federal excise tax on gasoline is passed by both chambers of the U.S. Congress and signed into law by the specified date (ET). Otherwise, this market will resolve to "No".
Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire will not qualify.
The primary resolution sources for this market will be Congress.gov’s legislation tracker (https://www.congress.gov/bill/119th-congress/house-bill/22), the Library of Congress (congress.gov), and other official information from the government of the United States; however, a consensus of credible reporting may also be used.Rising gasoline prices linked to the Iran conflict and supply disruptions have prompted bipartisan congressional proposals, including 90-day or longer suspensions backed by President Trump, to temporarily set the 18.4-cent federal excise tax to zero. However, Congress holds sole authority over the tax that funds the Highway Trust Fund, and no such suspension has ever passed despite past efforts. Recent EPA emergency waivers easing summer-blend rules aim to boost supply instead, while revenue losses estimated in the billions and competing infrastructure priorities continue to limit momentum through late 2026.
On May 11, 2026, Trump proposed suspending the federal gas tax.
This market will resolve to "Yes" if legislation that would, at least temporarily, suspend the federal excise tax on gasoline is passed by both chambers of the U.S. Congress and signed into law by the specified date (ET). Otherwise, this market will resolve to "No".
Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire will not qualify.
The primary resolution sources for this market will be Congress.gov’s legislation tracker (https://www.congress.gov/bill/119th-congress/house-bill/22), the Library of Congress (congress.gov), and other official information from the government of the United States; however, a consensus of credible reporting may also be used.
This market will resolve to "Yes" if legislation that would, at least temporarily, suspend the federal excise tax on gasoline is passed by both chambers of the U.S. Congress and signed into law by the specified date (ET). Otherwise, this market will resolve to "No".
Qualifying legislation may include joint resolutions and must pass both the House and the Senate, and must be signed by the President, become law without signature while Congress remains in session, or become law through veto override. Presidential pocket vetoes that expire will not qualify.
The primary resolution sources for this market will be Congress.gov’s legislation tracker (https://www.congress.gov/bill/119th-congress/house-bill/22), the Library of Congress (congress.gov), and other official information from the government of the United States; however, a consensus of credible reporting may also be used.
Volume
$33,533End Date
Nov 3, 2026Market Opened
May 12, 2026, 1:38 PM ETResolver
0x65070BE91...Rising gasoline prices linked to the Iran conflict and supply disruptions have prompted bipartisan congressional proposals, including 90-day or longer suspensions backed by President Trump, to temporarily set the 18.4-cent federal excise tax to zero. However, Congress holds sole authority over the tax that funds the Highway Trust Fund, and no such suspension has ever passed despite past efforts. Recent EPA emergency waivers easing summer-blend rules aim to boost supply instead, while revenue losses estimated in the billions and competing infrastructure priorities continue to limit momentum through late 2026.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
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