S. 2890 would amend the Internal Revenue Code of 1986 to provide for a highway fuel tax holiday.

== Detailed Summary ==

<summary>
(Log in to editAmends the wikiInternal Revenue Code to suspend excise taxes on gasoline and bediesel fuels between May 26, 2008, and September 1, 2008. Provides for reimbusement from the firstTreasury to provide a detailed summarythe Highway Trust Fund for any reduction in Trust Fund receipts resulting from such suspension.

Expresses the policy of Congress that: (1) consumers immediately receive the bill!)benefit of the reduction in taxes resulting from this Act; and (2) transportation motor fuels producers and other dealers take necessary actions to reduce fuel prices to reflect such reduction in taxes.
</summary>

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== Status of the Legislation ==

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(Log inLatest Major Action: 4/17/2008: Referred to edit the wikiSenate committee. Status: Read twice and be the firstreferred to update the status of the bill!)Committee on Finance.
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== Points in Favor ==

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== Points Against ==

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