States / U.S. Congress / HR 8803

HR 8803 In Committee

Iran War Oil Crisis Windfall Profits Tax Act

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted
Introduced in House May 13, 2026 · 2.8K words Open full page ↗

I

119TH CONGRESS

2D SESSION

H. R. 8803

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 until the President declares that all hostilities with Iran have

ceased, the Strait of Hormuz is fully reopened, and the price of oil

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