PlainBillCongress, translated.Legislation. Context. Public interest.

A bill instituting a Federal fuels tax holiday.

Cloture not invoked in Senate by Yea-Nay Vote. 43 - 56. Record Vote Number: 80.

Official summary

Version 00 · Introduced in Senate · Mar 23, 2000

Amends the Internal Revenue Code to provide for: (1) a 4.3 cents per gallon reduction in taxes on gasoline, diesel fuel, and kerosene during the period beginning after April 15, 2000, and ending before January 1, 2001; and (2) a zero rate of tax during such period if the national average price of unleaded regular gasoline is at least two dollars per gallon. Provides: (1) for the modification of such reduction if it would result in a reduction in revenues to the Treasury exceeding the Federal on-budget surplus; and (2) that in determining the amounts to be appropriated to the Highway Trust Fund and the Airport and Airway Trust Fund, an amount equal such reduction in revenues to the Treasury shall be treated as taxes received. Sets forth similar provisions with respect to the tax on: (1) fuel used in commercial transportation on inland waterways; and (2) aviation fuel. Sets forth floor stocks provisions.Expresses the sense of the Congress that: (1) consumers should immediately receive the benefit of the reduction; and (2) motor fuels producers and dealers should take such actions as necessary to reduce prices to reflect any reduction. Requires a study and report.

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Who introduced it

Sen. Lott, Trent [R-MS] · R–MS

Committees

    7 cosponsorship records, including any withdrawals

    Actions

    A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.

    1. Cloture not invoked in Senate by Yea-Nay Vote. 43 - 56. Record Vote Number: 80.

      Senate roll call 80 · Individual votes
    2. Considered by Senate. (consideration: CR S2497-2506)

    3. Cloture motion presented in Senate.

    4. Measure laid before Senate by unanimous consent. (consideration: CR S2432-2433)

    5. Cloture on the motion to proceed invoked in Senate by Yea-Nay Vote. 86 - 11. Record Vote Number: 51.

      Senate roll call 51 · Individual votes
    6. Motion to proceed to consideration of measure withdrawn in Senate.

    7. Cloture motion on the motion to proceed presented in Senate.

    8. Motion to proceed to consideration of measure made in Senate.

    9. Star Print ordered on the bill.

    10. Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 473.

    11. Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

    12. Introduced in Senate

    Bill text & related measures

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    Source last updated: Feb 10, 2026. Consult Congress.gov for the current record.

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