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Will legislation that would temporarily suspend or reduce the federal excise tax on gasoline become law before Jan 1, 2027?

Starts:May 10, 2026, 10:30 PMEnds:Jan 1, 2027, 3:00 PM
AZRGMIKSHLMTNVGPLYPMU
Politics favorite hit rate95.3% (1,754)
Total volume
$223.4K
Largest spread
—
Outcomes
2
Platforms
1
Markets
1

Markets

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NoFavorite
93.0%Best · Kalshi
Yes
9.0%Best · Kalshi

Description from Kalshi. A cross-platform summary is generated once this event is matched across platforms.

If legislation that would temporarily suspend or reduce the federal excise tax on gasoline has become law after Issuance and before Jan 1, 2027, then the market resolves to Yes. The bill must pass the full chamber (not just committee) for House or Senate passage. For "become law" markets, the bill must be signed by the President or become law through veto override. Presidential pocket vetoes that expire resolve to No. Joint resolutions are treated as bills. Treaties require two-thirds Senate approval for passage. The market resolves based on the first occurrence of the specified milestone.

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Category

Politics

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generalPoliticsCongresslegislationthatwouldtemporarilysuspendreduceFederalexcisegasolinebecomeBefore