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Trump order directs Treasury to weigh diesel tax deferral and waive dyed-diesel highway penalties

By LexCircuit Desk · · AI-drafted, human-reviewed

President Donald Trump signed Executive Order 14435 on Oct. 5, directing the Treasury secretary to decide within five days whether 26 U.S.C. 7508A allows deferring certain diesel fuel taxes incurred Oct. 5 through Dec. 31, 2026, without penalties or interest, and to have the IRS announce it will not impose penalties for highway use of dyed diesel in that period. The order also asks Treasury to explore eliminating the deferred tax.

Text (Federal Register) → · The White House, TheTrucker.com

Key points

  • Treasury must decide within five days whether 26 U.S.C. 7508A authorizes deferral and which taxpayers qualify for relief.Federal RegisterThe White House
  • The order covers taxes incurred Oct. 5 through Dec. 31, 2026, deferred without penalties, interest or additions to the tax.Federal RegisterThe White House
  • Treasury must have the IRS announce within five days no 26 U.S.C. 6715 penalties for highway dyed-diesel use through Dec. 31.Federal RegisterThe White House
  • Signed Oct. 5 and published as Executive Order 14435 at 91 FR 64747 (FR Doc. 2026-20855) on Oct. 9.Federal Register
  • The order was signed onstage at a Grand Island, Nebraska, rally about four weeks before the Nov. 3 midterm elections.TheTrucker.com
  • GasBuddy's Patrick De Haan cautioned the relief could help on-road users but not farmers, who already use red-dyed diesel.TheTrucker.com

Sources3 articles across 3 outlets

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RegulationU.S.Emergency Tax Relief on Diesel FuelAgricultureTaxTransportationFor practitionersFor governance