Bill stops fuel sellers from charging too much during Iran conflict.
H.R. 8698 — Lower Prices at the Pump Act · Filed by Kristen McDonald Rivet (D-MI) · 2 cosponsors · Introduced May 7, 2026 · Referred to committee
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What it does
The bill makes it illegal for gasoline and fuel sellers to charge unfairly high prices. The prices must not take advantage of the military conflict with Iran that started in March 2026. The FTC and state attorneys general can punish sellers who break this rule. Fines can go up to 500 million dollars per person. Money from fines goes to help low-income families pay for energy.
Who it affects
Gasoline and fuel sellers must follow the new price rule. Low-income families may get help paying for energy from fines collected. The FTC and state attorneys general get power to enforce the rule.
One thing to notice
The bill uses the term 'unconscionably excessive' to describe illegal prices. This term is vague, so different enforcers might apply it in different ways.
From the analysis of the bill text, linked under Primary records below.
Where it stands
2 cosponsors: 2 Democrats.
- May 7, 2026 — Introduced · Congress.gov: “Introduced in House”
- May 7, 2026 — Referred to House Committee on Education and Workforce and House Committee on Energy and Commerce · Congress.gov: “Referred to the Committee on Energy and Commerce, and in addition to the Committee on Education and…”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Money around this bill
1 groups reported lobbying about this bill. They filed 1 reports from Jun 2026 to Jun 2026.
Those reports show $920,000 in lobbying spending. Each report lists about 19 bills. So that money was not all for this bill.
More groups named this bill than 0% of bills with any report.
Kristen McDonald Rivet, who sponsored the bill, received $1,547,208 from PACs for the 2026 election.
- Sanofi Us Services Inc — $920,000 in 1 report
Lobbying is legal. These reports show who lobbied about this bill, not what changed.
Words to know
- unconscionably excessive — prices unfairly and shockingly high that take advantage of people
- FTC — the Federal Trade Commission, a government agency that stops unfair business practices
- state attorneys general — the top law officers in each state who can bring legal cases
- enforce — to make sure people follow a rule or law
- lobbying — Trying to influence lawmakers about a bill. Companies and groups pay people to do this.
- PACs — Groups that collect money and give it to candidates for office.
How this was measured
Analysis — Quorum's AI read the bill text published by Congress.gov (8,199 characters) on Aug 29, 2026. Section numbers in the findings refer to that text, linked below; transparency and hidden-provision scores are compared against the median of 14,206 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
Money — Senate Lobbying Disclosure Act filings whose specific-issue field names this bill for quarters ending Jun 2026 to Jun 2026. A filing's amount is reported whole beside the median number of bills a filing names; it is never divided across them. PAC receipts are FEC-reported contributions to the sponsor's candidate committee in the 2026 cycle.
As of — lobbying records through Jul 20, 2026 · page rendered 2026-09-17.
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