The U.S. President has directed the Secretary of the Treasury to defer certain diesel fuel tax payment obligations and provide penalty relief for farmers, truckers, and workers until December 31, 2026.
Why it matters. This policy change will provide financial relief to key industries, supporting their operations and service to the nation during a period of rising fuel prices.
To that end, today I am directing the Secretary of the Treasury (Secretary) to use his authority to defer certain diesel fuel tax payment obligations and to provide penalty relief to the extent permitted by law. I am also directing the Secretary of Agriculture and the Secretary of Transportation to facilitate implementation of this policy. This targeted action will put money directly in the pocke…
(c) Within 5 days of the date of this order, the Secretary shall direct the Internal Revenue Service to announce that it will not impose a penalty under 26 U.S.C. 6715 (a)(1) or 26 U.S.C. 6715 (a)(2), when dyed diesel fuel is sold for use or used on the highway during the period of October 5, 2026, through December 31, 2026. The announcement shall also address relief from penalties for failure to…
(d) The costs for publication of this order shall be borne by the Department of Agriculture.
Within 5 days of the date of this order, the Secretary shall direct the Internal Revenue Service to announce that it will not impose a penalty under 26 U.S.C. 6715 (a)(1) or 26 U.S.C. 6715 (a)(2), when dyed diesel fuel is sold for use or used on the highway during the period of October 5, 2026, through December 31, 2026.
