Description
Federal Gas Tax Suspended by...? is a May 11, 2026-labeled event where a temporary suspension of the federal excise tax on gasoline will resolve as Yes if legislation passes both chambers of Congress and is signed into law by the specified deadline (ET). It settles No otherwise, with sources including Congress.gov, the Library of Congress, and official government information, or a credible reporting consensus if needed. The two date-based outcomes are June 30 and November 2, representing the two market-registered deadlines.
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Outcome | Odds | Spread | 24h Change | 24h Volume | Total Volume | Liquidity | |
|---|---|---|---|---|---|---|---|
| June 30 | No | — | — | — | — | — | |
| November 2 | — | — | — | — | — | — |
Rules
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.