119th Congress
H.R. 7960
Big Oil Windfall Profits Tax Act
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- Ro Khanna(D-CA)
- Introduced
- Mar 17, 2026
- Policy area
- Taxation
- Committees
- House Committee on Ways and Means
- Official text
- Introduced in House · Congress.gov page
Cosponsors (27)
Original cosponsors (2)
- Rashida Tlaib (D-MI)
- Seth Magaziner (D-RI)
Added later (25)
- Rosa L. DeLauro (D-CT) · Mar 18, 2026
- Mike Quigley (D-IL) · Mar 26, 2026
- Gabe Amo (D-RI) · Apr 16, 2026
- Al Green (D-TX) · Apr 30, 2026
- Jared Huffman (D-CA) · May 12, 2026
- Chellie Pingree (D-ME) · May 14, 2026
- Pramila Jayapal (D-WA) · May 19, 2026
- Adelita S. Grijalva (D-AZ) · Jun 2, 2026
- Eleanor Holmes Norton (D-DC) · Jun 2, 2026
- Brad Sherman (D-CA) · Jun 3, 2026
- Greg Casar (D-TX) · Jun 4, 2026
- James P. McGovern (D-MA) · Jun 8, 2026
- Steve Cohen (D-TN) · Jun 10, 2026
- Zoe Lofgren (D-CA) · Jun 15, 2026
- Becca Balint (D-VT) · Jun 18, 2026
- Mark Pocan (D-WI) · Jun 18, 2026
- Janice D. Schakowsky (D-IL) · Jun 23, 2026
- Analilia Mejia (D-NJ) · Jul 2, 2026
- Jill N. Tokuda (D-HI) · Jul 2, 2026
- Betty McCollum (D-MN) · Jul 13, 2026
- Lateefah Simon (D-CA) · Jul 13, 2026
- Suzanne Bonamici (D-OR) · Jul 15, 2026
- Yassamin Ansari (D-AZ) · Jul 22, 2026
- Maxwell Frost (D-FL) · Aug 31, 2026
- Summer L. Lee (D-PA) · Sep 14, 2026
Summary
No Congressional Research Service summary yet. CRS usually publishes one a few weeks after a bill is introduced.
Official title: To amend the Internal Revenue Code of 1986 to impose a windfall profits excise tax on crude oil and to rebate the tax collected back to individual taxpayers, and for other purposes.
Latest action(Mar 17, 2026): Referred to the House Committee on Ways and Means.
Roll-call votes
No recorded votes on this bill.
Actions
- Mar 17, 2026 · House
Referred to the House Committee on Ways and Means. - Mar 17, 2026
Introduced in House