S. 4908

Summary

S. 4908, the Gas Money Saved Act, was introduced in the Senate on Jun 24, 2026 by Sen. Edward Markey (D). It was referred to Commerce, Science, And Transportation, and last saw action on Jun 24, 2026: Read twice and referred to the Committee on Commerce, Science, and Transportation.

Record

Text

S. 4908 has no co-sponsors and has not gone to a roll call.

119 S4908 IS: Gas Money Saved Act
 U.S. Senate
 2026-06-24
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 II  119th CONGRESS  2d Session  S. 4908  IN THE SENATE OF THE UNITED STATES   June 24, 2026   Mr. Markey  introduced the following bill; which was read twice and referred to the  Committee on Commerce, Science, and Transportation    A BILL
To require the Administrator of the National Highway Traffic Safety Administration to initiate a process to reevaluate corporate average fuel economy standards, and for other purposes.
1.
Short title
This Act may be cited as the   Gas Money Saved Act  .
2.
Reevaluation of CAFE standards
(a)
Adjustment
(1)
In general
If the Administrator of the National Highway Traffic Safety Administration, using data published by the Bureau of Labor Statistics, determines that national average prices for gasoline have risen at least 5 times faster than overall inflation over the applicable period described in paragraph (2), the Administrator shall initiate a process to reevaluate whether the current corporate average fuel economy standards are achieving maximum feasible average fuel economy.
(2)
Period described
The applicable period referred to in paragraph (1) is—
(A)
if corporate average fuel economy standards have not previously been adjusted under this subsection, any period of 180 days or longer beginning after the date of enactment of this Act; or
(B)
if corporate average fuel economy standards have previously been adjusted under this subsection, any period of 180 days or longer beginning after the date of the most recent adjustment.
(b)
Restoration of penalties
Section 32912 of title 49, United States Code, is amended—
(1)
in subsection (b), in the matter preceding paragraph (1), by striking  $0.00  and inserting  $25 ; and
(2)
in subsection (c)(1)(B), by striking  $0.00  and inserting  $50 .

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

A bill to require the Administrator of the National Highway Traffic Safety Administration to initiate a process to reevaluate corporate average fuel economy standards, and for other purposes.

Sponsors

Sen. Edward Markey (D) sponsors S. 4908 alone.

Edward Markey

Sen. · D–MA · Sponsor

Show 1 of 1 row

PreviousNext

Committees

S. 4908 went before 1 committee: Commerce, Science, and Transportation.

Commerce, Science, and Transportation

Commerce, Science, and Transportation

Referred To · Jun 24, 2026 · 458 Bills

Actions

S. 4908 has taken 2 actions since Jun 24, 2026.

Votes

S. 4908 has not gone to a roll call.

Titles

S. 4908 goes by 3 titles, 1 of them short titles.

• Gas Money Saved Act — Display Title
• Gas Money Saved Act — Short Title(s) as Introduced
• A bill to require the Administrator of the National Highway Traffic Safety Administration to initiate a process to reevaluate corporate average fuel economy standards, and for other purposes. — Official Title as Introduced

Lobbying

2 clients hired 2 firms and 20 registered lobbyists who named S. 4908 in 3 quarterly filings, 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Agriculture, Animals, Budget/Appropriations, Clean Air and Water (quality), Energy/Nuclear, Government Issues, Natural Resources, Transportation.

Clients

Who paid to be heard, by how many filings named the bill.

Firms

Registrants who filed on the bill, by filings.

Lobbyists

Named on the filings that cite the bill.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

Classification

The Congressional Research Service files S. 4908 under Transportation and Public Works, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; S. 4908’s is Transportation and Public Works.

Source: congress.gov · legiscan.com