Sponsor · U.S. Representative, CA-17 · Democratic
House bill · H.R. 7960 (119th Congress)
Big Oil Windfall Profits Tax Act
Summary
AI summary
Would create a new quarterly excise tax on crude oil, charged per barrel to the taxpayers the bill covers, and return the revenue collected to individual taxpayers as rebates.
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Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
House Committee on Ways and Means · U.S. House of Representatives
Related bills
As identified by Congress.gov.
Cosponsors
Adelita S. Grijalva, Al Green and 23 others
- Democratic25
- Adelita S. Grijalva
- Al Green
- Analilia Mejia
- Becca Balint
- Betty McCollum
- Brad Sherman
- Chellie Pingree
- Eleanor Holmes Norton
- Gabe Amo
- Greg Casar
- James P. McGovern
- Janice D. Schakowsky
Show the full list (25 names)Show fewer cosponsors
Full history
- Mar 17, 2026
Introduced
Introduced in House
U.S. House of Representatives
- Mar 17, 2026
Introduced
Introduced in U.S. House
U.S. House
- Mar 17, 2026
Referred to committee
Referred to the House Committee on Ways and Means.
U.S. House of Representatives
About this record
- Summary
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- Cosponsors
The cosponsors are the ones listed on Congress.gov, shown A to Z.
- Party colors
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- Source
From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data
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