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icon for Federal Gas Tax Suspended by...?

Federal Gas Tax Suspended by...?

icon for Federal Gas Tax Suspended by...?

Federal Gas Tax Suspended by...?

$32,488 Vol.

2 nov 2026
Polymarket

$32,488 Vol.

Polymarket

November 2

$10,122 Vol.

8%

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, up more than $1.50 per gallon since February 2026 amid U.S. and Israeli military actions against Iran and related supply disruptions in the Persian Gulf, prompted President Trump’s May 11 proposal for a federal gas tax suspension and multiple congressional bills, including the bipartisan Gas Prices Relief Act of 2026. These measures would temporarily eliminate the 18.4-cent excise tax through dates such as October 1, 2026, but remain stalled in Senate Finance and House Ways and Means committees with no scheduled floor votes. Passage would require bicameral approval and presidential signature before the November 2, 2026 resolution date, while reducing Highway Trust Fund revenue by an estimated $11–17 billion and offering consumers only partial relief at the pump. No federal suspension has occurred historically, and competing fiscal priorities plus ongoing energy volatility continue to shape legislative prospects.

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.
Volume
$32,488
Data de Término
31 dez 2026
Mercado Aberto
May 12, 2026, 1:38 PM ET
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.
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, up more than $1.50 per gallon since February 2026 amid U.S. and Israeli military actions against Iran and related supply disruptions in the Persian Gulf, prompted President Trump’s May 11 proposal for a federal gas tax suspension and multiple congressional bills, including the bipartisan Gas Prices Relief Act of 2026. These measures would temporarily eliminate the 18.4-cent excise tax through dates such as October 1, 2026, but remain stalled in Senate Finance and House Ways and Means committees with no scheduled floor votes. Passage would require bicameral approval and presidential signature before the November 2, 2026 resolution date, while reducing Highway Trust Fund revenue by an estimated $11–17 billion and offering consumers only partial relief at the pump. No federal suspension has occurred historically, and competing fiscal priorities plus ongoing energy volatility continue to shape legislative prospects.

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.
Volume
$32,488
Data de Término
31 dez 2026
Mercado Aberto
May 12, 2026, 1:38 PM ET
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.

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Frequently Asked Questions

"Federal Gas Tax Suspended by...?" is a prediction market on Polymarket with 2 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "November 2" at 8%, followed by "June 30" at 0%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 8¢ implies that the market collectively assigns a 8% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Federal Gas Tax Suspended by...?" has generated $32.5K in total trading volume since the market launched on May 12, 2026. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Federal Gas Tax Suspended by...?," browse the 2 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

This is a wide-open market. The current leader for "Federal Gas Tax Suspended by...?" is "November 2" at just 8%, with "June 30" close behind at 0%. With no outcome commanding a strong majority, traders see this as highly uncertain, which can present unique trading opportunities. These odds update in real-time, so bookmark this page to watch how the probabilities evolve.

The resolution rules for "Federal Gas Tax Suspended by...?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.