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KalshiKalshi· Politics

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

Chance

12%

Buy Yes

13¢

pays $1 if it happens

Buy No

89¢

pays $1 if it doesn’t

Prices from Kalshi, updated 10 minutes ago. Ends Jan 1, 3:00 PM UTC.

Price over the last 2 weeks
Cost of a Yes share

Latest trades

  • 3 hours agoSold yes at 14¢$13
  • 6 hours agoSold yes at 14¢$0
  • 13 hours agoSold yes at 14¢$2
  • 18 hours agoSold yes at 13¢$1
  • 18 hours agoSold yes at 13¢$0
  • 18 hours agoSold yes at 14¢$9
  • 19 hours agoSold yes at 13¢$0
  • 21 hours agoSold yes at 14¢$0
  • 21 hours agoSold yes at 12¢$0
  • 21 hours agoSold yes at 13¢$0
How this market is decidedShow

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.