States / U.S. Congress / HR 7960

HR 7960 In Committee

Big Oil Windfall Profits Tax Act

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted
Introduced in House Mar 17, 2026 · 3.2K words Open full page ↗

I

119TH CONGRESS

2D SESSION

H. R. 7960

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.

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