{
  "_notice": {
    "type": "free_key_offer",
    "message": "Free and anonymous access is staying. If this endpoint is in your pipeline, a free key adds advance notice before any schema change or deprecation. POST /v1/keys {\"email\": \"you@firm.com\"} — nothing else required. Something broken or missing? hello@clearmarket.fyi reaches a human.",
    "docs": "https://clearmarket.fyi/for-data/",
    "policy": "This field is additive and its shape will not change."
  },
  "event_id": "CM-EVT-ZMQYC7K780",
  "slug": "kxsuspendgastax-26may",
  "question": "Will the federal gas tax be suspended? (multi-deadline series, 2026-2027)",
  "category": "politics",
  "event_type": "BINARY",
  "ladder_distribution": null,
  "tags": [
    "politics",
    "us-federal-policy",
    "energy-taxation",
    "legislative-action",
    "gas-prices",
    "2026"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "These markets track whether Congress will enact legislation suspending or reducing the federal excise tax on gasoline. The two Kalshi contracts differ by resolution deadline: one closes July 1, 2026, the other January 1, 2027. Both resolve via Kalshi staff determination against White House records confirming enactment. The staggered deadlines let traders price near-term versus extended legislative probability separately.",
  "venues_covered": [
    "kalshi"
  ],
  "primary_market_id": "CM-MKT-49J354YGD6",
  "current_primary_mark": {
    "last_price": 0.23,
    "implied_probability": 0.23
  },
  "created_at": "2026-07-06T00:30:45.836226+00:00",
  "updated_at": "2026-07-06T00:30:45.836226+00:00",
  "markets": [
    {
      "market_id": "CM-MKT-5V40TDXLZ8",
      "event_id": "CM-EVT-ZMQYC7K780",
      "platform": "kalshi",
      "platform_market_id": "KXSUSPENDGASTAX-26MAY-JUL01",
      "question": "Will legislation that would temporarily suspend or reduce the federal excise tax on gasoline become law before Jul 1, 2026?",
      "description": "Before Jul 1, 2026",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Before Jul 1, 2026: Legislation suspending or reducing the federal excise tax on gasoline becomes law per White House records by January 1, 2027, resolved by Kalshi staff determination.",
      "close_at": "2026-07-01T14:00:00Z",
      "resolve_at": "2026-07-01T14:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "If legislation that would temporarily suspend or reduce the federal excise tax on gasoline has become law after Issuance and before Jul 1, 2026, then the market resolves to Yes.\n\nThe 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.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "White House",
        "source_status": "platform_named",
        "source_citation": "https://whitehouse.gov/",
        "sources": [
          {
            "name": "White House",
            "url": "https://whitehouse.gov/",
            "provenance": "platform_api"
          },
          {
            "name": "Library of Congress",
            "url": "https://congress.gov",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Library of Congress",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 90,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 179.41,
      "volume_total_usd": 5163.99,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "energy",
        "federal gasoline excise",
        "legislation",
        "tax",
        "us-policy"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "category_not_permitted"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-49J354YGD6",
      "event_id": "CM-EVT-ZMQYC7K780",
      "platform": "kalshi",
      "platform_market_id": "KXSUSPENDGASTAX-26MAY-JAN01",
      "question": "Will legislation that would temporarily suspend or reduce the federal excise tax on gasoline become law before Jan 1, 2027?",
      "description": "Before Jan 1, 2027",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Before Jan 1, 2027: Legislation suspending or reducing the federal excise tax on gasoline becomes law per White House records by January 1, 2027, resolved by Kalshi staff determination.",
      "close_at": "2027-01-01T15:00:00Z",
      "resolve_at": "2027-01-01T15:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "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.\n\nThe 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.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "White House",
        "source_status": "platform_named",
        "source_citation": "https://whitehouse.gov/",
        "sources": [
          {
            "name": "White House",
            "url": "https://whitehouse.gov/",
            "provenance": "platform_api"
          },
          {
            "name": "Library of Congress",
            "url": "https://congress.gov",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Library of Congress",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 90,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.23,
      "implied_probability": 0.23,
      "volume_24h_usd": 0.2921,
      "volume_total_usd": 26866.7117,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "energy",
        "federal gasoline excise",
        "legislation",
        "tax",
        "us-policy"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "category_not_permitted"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    }
  ],
  "resolution_log": [
    {
      "market_id": "CM-MKT-5V40TDXLZ8",
      "platform": "kalshi",
      "outcome": "NO",
      "resolved_at": "2026-07-01T14:00:00Z",
      "final_price": 0,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    }
  ],
  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-ZMQYC7K780",
    "terms": "Attribution required. clearmarket.fyi"
  }
}